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Macquarie Upgrades YGE to Outperform, SPWRA to Neutral; Downgrades FSLR to Neutral, STP to Underperform

October 19, 2009 9:34 AM EDT
YGE Hot Sheet
Rating Summary:
    6 Buy, 16 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 23
Australian firm Macquarie has made several changes to stocks in the Solar sector this morning:
  • upgrades Yingli Green Energy (NYSE: YGE) from Neutral to Outperform. Shares of Yingli are up 2.6% to $13.06 in the pre-market trading session.
  • upgrades Sunpower (Nasdaq: SPWRA) from Underperform to Neutral. The stock is up 1.3% to $32.
  • downgrades First Solar (Nasdaq: FSLR) from Outperform to Neutral. First Solar shares are down slightly to $147.41.
  • downgrades Suntech Power Holdings (NYSE: STP) from Neutral to Underperform. Shares of Suntech are down 0.13% to $14.87.
The Claymore/MAC Global Solar Index ETF (NYSE: TAN), or commonly referred to as just "the TAN", is up about 0.21% today.

Stay tuned for more color on the upgrades/downgrades.

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