Auriga Upgraded JinkoSolar (JKS) to Hold, Price Target Reduced to $5

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March 9, 2012 11:30 AM EST
Get Alerts JKS Hot Sheet
Price: $16.62 --0%

Rating Summary:
    11 Buy, 9 Hold, 5 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 6 | Down: 9 | New: 18
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An analyst at Auriga upgraded shares of JinkoSolar Holding Co., Ltd. (NYSE: JKS) from Sell to Hold Friday morning. The firm's price target was lowered from $7 to $5.

The increased investment rating follows Q4 results and Q1 and FY12 guidance Thursday morning. Shares of Jinko fell nearly 7 percent to close Thursday, and are up about 7 percent at last check Friday.

For an analyst ratings summary and ratings history on JinkoSolar Holding Co., Ltd. click here. For more ratings news on JinkoSolar Holding Co., Ltd. click here.

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