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

June 15, 2009 8:58 AM EDT

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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Analyst Comments
Downgrades

Stocks Mentioned

JASO 3.71

-0.07 -1.85%
Volume: 2,779,739
Track JASO

SOL 3.95

-0.03 -0.75%
Volume: 926,074
Track SOL

WFR 12.66

-0.13 -1.02%
Volume: 3,471,274
Track WFR

YGE 12.19

-0.01 -0.08%
Volume: 1,926,585
Track YGE


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