Nomura Securities Reiterates a 'Buy' on Trina Solar (TSL); Well-Positioned to Gain Market Share

Nomura Securities reiterates a 'Buy' on Trina Solar (NYSE: TSL).

Nomura analyst, Nitin Kumar, says, "At our conference in Hangzhou, China, Trina reiterated its cost leadership and noted that it remains best-in-cost across all three segments of value-chain. In addition, Trina also noted that independent rating agencies have placed Trina among top 3 for output generated per watt of panels – higher than any other China-based peer. With the company investing in further brand-building and strengthening relationships with utilities and system project developers across geographies, we see Trina as well-positioned to gain market share amidst a down market."

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

Shares of Trina Solar closed at $29.63 yesterday.

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