Just a few analyst rating changes/price target adjustments today.
Morgan Stanley has cut the price target on First Solar (FSLR) from $160 to $145 this morning, but maintains its Overweight rating. This follows price cuts from Citi and Hapoalim yesterday. Shares are holding up well today, up about 2% and continue to hold the key $100 level. Click Here For Your FREE First Solar Analysis
Macquarie initiated coverage on Westport Innovations (WPRT) with a Buy rating. Shares of WPRT are up about 4% today, but running right into resistance of the 50 day moving average once again. Click Here For Your FREE Westport Innovations Analysis
Craig-Hallum has initiated coverage on A123 Systems (AONE) with a Buy rating and $15 price target which would be nearly a 100% gain from current levels. Shares are up about 4% today, but remain in an ugly downtrend it can’t seem to get out of. Click Here For Your FREE A123 Systems Analysis