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 4.40

+0.15 +3.53%
Volume: 5,804,294
Track JASO

SOL 4.08

-0.05 -1.21%
Volume: 1,785,129
Track SOL

WFR 12.75

-0.06 -0.47%
Volume: 5,234,264
Track WFR

YGE 15.30

+0.21 +1.39%
Volume: 6,042,763
Track YGE


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