JP Morgan Upgrades Evergreen Solar (ESLR) Two-Notches to Overweight

July 2, 2009 7:06 AM EDT

JP Morgan upgrades Evergreen Solar Inc. (Nasdaq: ESLR) from Underweight to Overweight and raises their price target to $5.

The firm's price target represents over 100% upside from yesterday's $2.15 close.

Evergreen Solar, Inc. engages in the development, manufacture, and marketing of solar power products primarily in the United States and Europe.


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JP Morgan upgrades
James French on Jul 2, 2009 09:41 AM

JPMorgan knows value!


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