Barclays on Solar: Industry Concerns Cast a Shadow: Initiating Coverage on Trina Solar (TSL) & Yingli Green Energy (YGE)
Tweet
Share
E-mailGet Alerts TSL Hot Sheet
Price: $5.51 -2.65%
Rating Summary:
7 Buy, 14 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 17
Rating Summary:
7 Buy, 14 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 17
Join SI Premium – FREE
Barclays on U.S. Clean Technology & Renewables: Industry Concerns Cast a Shadow: Initiating Trina Solar (NYSE: TSL) & Yingli Green Energy (NYSE: YGE) at Equalweight
Analsyt, Amir Rozwadowski, said, "Against a sector backdrop of fluctuating end-market demand and ongoing over-supply, albeit with glimpses of improvement in the overall picture, we are initiating coverage on leading integrated solar systems providers Trina Solar (TSL) and Yingli Green Energy (YGE) at 2-Equal Weight. Although we view both vendors as bankable, vertically integrated system providers that are well positioned to survive expected industry rationalization, potential end-market volatility and limited visibility around industry oversupply corrections keeps us on the sidelines for now."
"Our top sector picks are Tesla (Nasdaq: TSLA), Ameresco (Nasdaq: AMRC), Elster (NYSE: ELT), and Power-One (Nasdaq: PWER)."
Barclays price target for TSL is $9 and for YGE, $4.
To see more ratings on TSL, Click Here
To see more ratings on YGE, Click Here
Analsyt, Amir Rozwadowski, said, "Against a sector backdrop of fluctuating end-market demand and ongoing over-supply, albeit with glimpses of improvement in the overall picture, we are initiating coverage on leading integrated solar systems providers Trina Solar (TSL) and Yingli Green Energy (YGE) at 2-Equal Weight. Although we view both vendors as bankable, vertically integrated system providers that are well positioned to survive expected industry rationalization, potential end-market volatility and limited visibility around industry oversupply corrections keeps us on the sidelines for now."
"Our top sector picks are Tesla (Nasdaq: TSLA), Ameresco (Nasdaq: AMRC), Elster (NYSE: ELT), and Power-One (Nasdaq: PWER)."
Barclays price target for TSL is $9 and for YGE, $4.
To see more ratings on TSL, Click Here
To see more ratings on YGE, Click Here
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- TD Cowen Resumes EQT Corp. (EQT) at Hold
- Piper Sandler Downgrades Magnolia Oil & Gas Corp. (MGY) to Neutral
- B.Riley Resumes Magnite (MGNI) at Buy
Create E-mail Alert Related Categories
Analyst Comments, New CoverageRelated Entities
Barclays, TeslaSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
