Tag Archives: credit agricole

Wunderlich, Credit Agricole Slash WFR Rating, But Ardour Capital Upgrades After Earnings

As I reported last night, MEMC Electronic Materials (WFR) reported disappointing earning results once again sending the stock plummeting today below key resistance around the $10 level. It is currently trading at levels not seen since 2004 and assuming it closes below the $9.51 level today, the next level of support doesn’t come into play until you get closer to $8. 

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A few analysts have … Read the rest

Today’s Analyst Rating Roundup (AONE, HEV, VLNC, FSLR, SPWRA, ERII)

Several analyst rating notes to make you aware of today.  Hat tip to Street Insider for the analyst notes.

Needham & Company has initiated coverage on AONE, HEV and VLNC.

Initiated coverage on A123 Systems (AONE) with a Hold rating and $10 price target.  “Although we believe that A123 Systems has the potential to be a successful company in the long term, there are several near-term risks that could negatively affect AONE shares. The intellectual … Read the rest