Trina Solar (TSL) Will Achieve Profitability in H2 - Deutsche Bank

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Deutsche Bank today maintained a Hold rating on Trina Solar (NYSE: TSL) and trimmed its price target to $5.00 (from $6.00). While near-term concerns remain, analysts see profitability improving in the second half of 2013.

"While weak profitability/cash burn in the near term could remain an overhang, we expect ongoing cost reduction, opex control and increased focus on systems business to enable the company to achieve profitability in 2H13," said analyst Vishal Shah.

For an analyst ratings summary and ratings history on Trina Solar (NYSE: TSL) click here. For more ratings news on Trina Solar click here.

Shares of Trina Solar closed at $4.47 yesterday, with a 52 week range of $2.04-$8.68.

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