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Lazard Capital Markets Downgrades JA Solar (JASO) to Hold, Raises Price Targets On SOL, WFR, YGE

June 15, 2009 8:58 AM EDT
JASO Hot Sheet
Rating Summary:
    4 Buy, 10 Hold, 6 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 23
Lazard Capital Markets downgrades JA Solar (Nasdaq: JASO) from Buy to Hold.

The firm also made a few other price target changes in the solar sector:
  • ReneSola Ltd. (NYSE: SOL) price target raised from $4 to $7, maintaining Buy rating
  • MEMC Electronic (NYSE: WFR) price target raised from $18 to $25, maintaining Buy rating
  • Yingli Green Energy (NYSE: YGE) price target raised from $14 to $20, maintaining Buy rating

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