Goldman Sachs Upgrades Yingli Green Energy Holding (YGE) to Buy

October 20, 2008 8:56 AM EDT

Goldman Sachs upgrades Yingli Green Energy Holding Co. Ltd. (NYSE: YGE) from Neutral to Buy, but cuts its price target from $20 to $9.

Shares of Yingli Green Energy closed at $5.72 on Friday. It's 52-week high is $41.50.

Yingli Green Energy Holding Company Limited and its subsidiaries engage in the design, development, marketing, manufacturing, installation, and sale of photovoltaic (PV) products.


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