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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Downgrades

Stocks Mentioned

JASO 4.52

+0.40 +9.71%
Volume: 3,104,567
Track JASO

SOL 4.16

+0.07 +1.71%
Volume: 46,081
Track SOL

WFR 13.01

+0.03 +0.23%
Volume: 174,952
Track WFR

YGE 12.68

+0.23 +1.85%
Volume: 113,153
Track YGE


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