Tag Archives: rbc capital

Analyst Rating Roundup On SunPower (SPWRA)

Several analyst ratings announcements and notes on Sunpower (SPWRA) following its earnings report to cover this morning… Hat tip to Street Insider for the analyst comments.

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Citi maintains its Sell rating and lowered the price target from $15 to $12.  “In the very near-term, SPWRA has dramatically underperformed peers like First Solar (FSLR) (~3500bps in the past 7 weeks), thus hard to be overly negative even … Read the rest

Analysts Maintain Ratings On A123 Systems (AONE), But Cut Price Targets

A couple analyst notes out after the A123 Systems (AONE) earnings last night. 

Janney Montgomery Scott maintains a Neutral rating, but lowers price target from $14 to $12. “AONE reported 1Q10 results that were in-line on the top line, while falling slightly short of consensus on the EPS line. We were surprised by the quarter-over-quarter drop in total shipments and are adjusting our shipment forecasts for slightly slower growth. On the positive side, the Company … Read the rest

Downgrades – CSIQ To Hold, WFR To Sell; ITRI Maintained At Outperform

A few more analyst calls this morning.  Collins Stewart has downgraded shares of Canadian Solar (CSIQ) from Buy to Hold and has a $20 – 24 price target on it.  They believe that while strong demand has led to a firming of module prices, but it’s so strong that its pulling up the prices of cells and wafers which may weigh on CSIQ margins.  Shares of CSIQ are trading down 5% today and appear headed … Read the rest