Macquarie Upgrades YGE to Outperform, SPWRA to Neutral; Downgrades FSLR to Neutral, STP to Underperform
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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.
Stay tuned for more color on the upgrades/downgrades.
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SMA Solar
M Turner on Oct 19, 2009 09:51 AMMacquarie (and others) are bullish on SMA Solar, expect a strong quarter report yet the share price is sinking from its highs. Any particular reason?