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ReneSola (SOL) Misses Q3 EPS by 3c; Issues Light Q4 Revenue Outlook

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Roth Capital Cuts PT on ReneSola (SOL) to 65c Amid Q3 Miss, Weak Outlook

November 30, 2016 8:09 AM EST

Roth Capital cuts its price target on Sell-rated ReneSola (NYSE: SOL) from $1 down to 65 cents following Q3 results and outlook issued earlier in the week.

The firm offered the following overall thoughts: With lower expected margins for SOL's manufacturing businesses, we believe the company's... More