JinkoSolar Holding Co., Ltd. (JKS) PT Lowered to $10.39 at GLJ Research

April 12, 2021 9:57 AM EDT
Get Alerts JKS Hot Sheet
Price: $31.99 -4.56%

Rating Summary:
    10 Buy, 6 Hold, 5 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 28 | Down: 11 | New: 10
Trade Now! 
Join SI Premium – FREE

Get instant alerts when news breaks on your stocks. Claim your 1-week free trial to StreetInsider Premium here.

GLJ Research analyst Gordon Johnson lowered the price target on JinkoSolar Holding Co., Ltd. (NYSE: JKS) to $10.39 (from $14.13) while maintaining a Sell rating.

The analyst commented, "… in short, underpinning the lack of execution/operating leverage inherit in JinkoSolar's business model, despite growing revenues +651.5% 1Q13-to-4Q20 - or from $189.9mn to $1.427bn - JinkoSolar's net income turned negative in 4Q20 for the first time since 1Q13."

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

You May Also Be Interested In

Related Categories

Analyst Comments, Analyst EPS Change, Analyst EPS View, Analyst PT Change

Related Entities

Gordon Johnson