Tag Archives: piper jaffray

Piper Jaffray: Cree Inc (CREE) Remains LED Leader In China

According to Benzinga, Piper Jaffray published a bullish research report on Cree Inc (CREE) saying the company remains the LED leader in China and that China based LED companies are still 2-3 years behind on technology.  As a result, the firm believes CREE will be a big beneficiary of the ongoing demand for LED street lamps which is a market they believe will grow another 80% this year.  CREE currently owns a 70% share … Read the rest

Analysts Cautiously Bullish On Yingli Green Energy (YGE) Following Earnings

I just posted about the bullish earnings report out of Yingli Green Energy (YGE).  I think traders were looking for upside guidance from the company which is why the stock traded down again Friday, but some analysts are upgrading the stock this morning, giving it a boost. 

==> Click Here For Your FREE Daily Yingli Technical Analysis

HSBC upgraded the stock from Underweight to Neutral, but has a price target of only $5.50 which … Read the rest

Analysts Decidedly Bullish On Trina Solar (TSL)

I just posted about Trina Solar’s (TSL) strong earnings report and wanted to give a run down on some analyst reactions.  The consensus is generally bullish with a hint of caution.

==> Click Here For Your FREE Daily Trina Solar Analysis

Hapoalim Securities maintains Hold but raised the price target from $27 to $30.  The firm sees the company as a leader in solar manufacturing.

Wells Fargo maintains Hold rating but raised the valuation range … Read the rest

Piper Jaffray Maintains Big Upside Potential On First Solar (FSLR)

Piper Jaffray reiterated its bullish stance and hefty price target on First Solar (FSLR) this morning.  The firm believes FSLR will guide higher for 2011 during an investor call on December 14th and that its North American project business will shield it from Euro exposure and declines in ASP.  The firm estimates revenue of $3.9 billion and EPS guidance of $9.94 which is well ahead of consensus.

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Barclays Initiates Coverage Of LED Lighting Sector (CREE, VECO, AIXG), Piper Bearish On AIXG

According to Barrons Barclays initiated coverage of the LED sector yesterday with ratings on Cree Inc (CREE), Veeco Instruments (VECO) and Aixtron (AIXG) which are what I’d call the top tier LED plays. 

VECO gets the highest rating at Overweight.  They like the fact the company is now an LED pure play with growth China.

===> Click Here For Your FREE Daily VECO Technical Analysis

CREE and AIXG get Equalweight ratings.  They see limited upside … Read the rest

Morning Analyst Rating Roundup: MCP, FSLR, TLVT

A few analyst ratings notes to tell you about this morning…

JP Morgan initiates Molycorp (MCP) with Overweight rating and $26.50 price target based on China’s rationing of supplies and raising of rare earth prices.  Molycorp aims to be the biggest miner of rare earth metals in the US which are necessary for everything from electric cars to television screens.  It’s been said that the Toyota Prius uses more rare earth metals than any other … Read the rest

Today’s Green Stocks Rating Roundup – SPWRA, ITRI, ENOC, COMV

JMP Securities is bullish on a few green stocks due to an expected increase in electricity demand which the firm sees sparking increased efforts to develop alternative energy solutions.  They see good value in demand response players EnerNOC (ENOC) and Comverge (COMV) as well as US solar company Sunpower (SPWRA) and have an Outperform rating on all three.

===> Click Here For Your FREE Daily Sunpower (SPWRA) Technical Analysis

Analysts have weighed in on Itron … Read the rest

Morning Analyst Ratings: YGE, GPRE, CDXS

Jefferies is out reiterating its Buy rating on shares of Yingli Green Energy (YGE) and has a $17 price target (more than 60% higher than current levels).  The firm views YGE as a top solar player.  Shares aren’t moving on the Buy reiteration in pre-market trading.

====> Click Here For Your FREE Daily Yingli Technical Analysis

Piper Jaffray upgraded shares of Codexis (CDXS) to Overweight from Neutral and raised the price target to $12 from … Read the rest

Piper Jaffray Resumes Coverage On Smart Grid Stocks: COMV, ITRI, ELON, ENOC

Piper Jaffray has resumed coverage of a few smart grid stocks according to Street Insider.

Comverge (COMV) at Overweight and $12 price target.
“We believe Comverge’s diversified demand response platform, and growing presence in the commercial & industrial (C&I) segment, will result in significant revenue growth over the next 2 years with a healthy profitability inflection point being reached in 2H11.”
===> Click Here For A Free Comverge Technical Analysis

Itron (ITRI) at Neutral Read the rest

Piper Jaffray Reiterates Overweight On Tri-Tech (TRIT)

Piper Jaffray is out reiterating an Overweight rating on Tri-Tech Holding (TRIT) this morning.  Hat tip to Street Insider for the analyst comment.

==> Click Here For A Free Tri-Tech Technical Analysis

“We expect management’s tone to remain upbeat regarding the outlook as China embarks on significant water infrastructure expansion. TRIT’s proprietary products & services position the company well to capitalize on this large market opportunity. We do not anticipate significant changes to our FY10 … Read the rest