Barclays on Solar: Industry Concerns Cast a Shadow: Initiating Coverage on Trina Solar (TSL) & Yingli Green Energy (YGE)

Barclays on U.S. Clean Technology & Renewables: Industry Concerns Cast a Shadow: Initiating Trina Solar (NYSE: TSL) & Yingli Green Energy (NYSE: YGE) at Equalweight

Analsyt, Amir Rozwadowski, said, "Against a sector backdrop of fluctuating end-market demand and ongoing over-supply, albeit with glimpses of improvement in the overall picture, we are initiating coverage on leading integrated solar systems providers Trina Solar (TSL) and Yingli Green Energy (YGE) at 2-Equal Weight. Although we view both vendors as bankable, vertically integrated system providers that are well positioned to survive expected industry rationalization, potential end-market volatility and limited visibility around industry oversupply corrections keeps us on the sidelines for now."

"Our top sector picks are Tesla (Nasdaq: TSLA), Ameresco (Nasdaq: AMRC), Elster (NYSE: ELT), and Power-One (Nasdaq: PWER)."

Barclays price target for TSL is $9 and for YGE, $4.


To see more ratings on TSL, Click Here


To see more ratings on YGE, Click Here

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