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BofA/Merrill Lynch Starts LDK Solar (LDK) at Underperform

October 7, 2011 7:00 AM EDT
Get Alerts LDK Hot Sheet
Price: $1.01 --0%

Rating Summary:
    2 Buy, 2 Hold, 7 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 11 | New: 11
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BofA/Merrill Lynch initiates coverage on LDK Solar (NYSE: LDK) with a Underperform. PT $1.00.

The firm cited deteriorating cash flow and high debt.

For more ratings news on LDK Solar click here and for the rating history of LDK Solar click here.

Shares of LDK Solar closed at $3.65 yesterday.


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