ThinkEquity Downgrades LDK (LDK), JA Solar (JASO) to Sell Following Q3 Results

ThinkEquity's Colin Rusch downgraded shares of LDK Solar (NYSE: LDK) and JA Solar (Nasdaq: JASO) from Hold to Sell Wednesday morning. The analyst reduced his price target on shares of LDK from $3 to $2 and his target on JA shares from $2 to $1.

The downgrades follow Q3 results from LDK and JA on Tuesday morning.

LDK shares closed Tuesday's session 6 percent higher, while JA Solar shares closed up 5.3 percent.

Rusch also decreased his price target on shares of Canadian Solar (Nasdaq: CSIQ) from $3 to $2.50 this morning. The analyst maintains a Hold rating on the stock.

Check out our Ratings Insider portal to get the most comprehensive and up-to-date analyst coverage on the Street.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• HSBC Downgrades Feng Tay Enterprises (9910:TT) to Hold
• JD.com, Inc (JD) PT Lowered to $25 at Morgan Stanley
• Comerica (CMA) PT Raised to $54 at Piper Sandler