Today’s Analyst Rating Roundup: HEV, ENER, STP, LDK

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12:19:01 pm on May 11, 2010

Janney Montgomery Scott upgraded Ener1 (HEV) from Sell to Neutral and has price target of $3.50. “The Company announced that Volvo has selected HEV as the exclusive supplier for its C30 battery-electric vehicle platform…However, we believe that at current levels, HEV’s stock fairly values the Company’s prospects.” Shares of HEV are down 4% today.  Click Here For Your FREE Ener1 Analysis

Macquarie upgraded Energy Conversion Devices (ENER) from Underperform to Neutral. Shares recovering again today, but running right into big resistance.  Get a  FREE ENER Trend Analysis

Auriga maintains its Hold rating and $15 price target on SunTech Power (STP). “Demand appears better than expected given the upside to the revenue forecast; however, EPS should fall meaningfully short due to foreign exchange losses with respect to the depreciation of the Euro.  Would prefer to see a financial model with a more comprehensive hedging strategy to reduce the variability associated with foreign currency exposure.” Shares of STP are giving back most of yesterday’s gains.  Get a  FREE STP Trend Analysis

Gabelli upgraded shares of LDK Solar (LDK) from Sell to Hold following last night’s earnings report.  LDK has given up all the morning gains and is now down 3% on the day.  Get a  FREE LDK Trend Analysis

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