FBR Capital Raises Estimates & PT on Trina Solar (TSL) following 3Q09 results
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FBR Capital updates estimates on Trina Solar (NYSE: TSL) following 3Q09 results, raises price target from $20 to $25.
FBR analyst says, "Following Trina Solar's 3Q09 report and conference call last week, we are updating our estimates. Based on the reported results, management guidance, and commentary on 4Q09 and CY10 trends, we are increasing our CY09 and CY10 revenue/EPS estimates from $755.1 million/$2.72 and $872.2 million/$2.95 to $834.3 million/$2.85 and $1,187.3 million/$3.27, which compare to the current CY09 and CY10 consensus estimates of $790.5 million/$2.59 and $1,002.8M/$3.19. We are also using this opportunity to introduce our CY11 revenue/EPS estimates of $1,291.2 million/$3.18 (GAAP), which compare to the current consensus estimates of $1,261.5 million/$4.03."
To see all the upgrades/downgrades on shares of TSL, visit our Analyst Ratings page.
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+0.15Comments
Non sense
This is non sense. Have you looked at the Q3 report and the outlook for Q4 and the year? Drive me nuts! Have you compare with first solar (fslr) in terms of P/E ratio?Big Fucking liar.
track record
Dear Mr Steet.com, Would it be to much trouble when an analyst speaks to include his/her track record?? I bet this analyst has a "real" good one.? Analyst wouldn't even post their name?Joke!!
late
wow that sounds good how much is tsl Now..44--thank god analyst are there to tell me that i'm about to miss a run!!! Trinia is going to put these shorts out of the misery!!
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big joke
Pat on Dec 23, 2009 12:31 PMYour 20 to 25 is stupid rating. Now it is 55.5 , change your flag please!