Auriga Upgrades SPWR, WFR, YGE, TSL to Buy, STP to Hold

A number of stocks in the Solar sector are ticking higher in mid-day action Wednesday morning as Auriga's Hari Chandra Polavarapu just upgraded several stocks.

The analyst now rates SunPower (Nasdaq: SPWR), MEMC Electronic Materials (NYSE: WFR), Yingli (NYSE: YGE) and Trina Solar (NYSE: TSL) shares a Buy and shares of Suntech (NYSE: STP) a Hold. SunPower, Yingli, Trina and Suntech were previously rated a Sell, while shares of MEMC were raised one notch from Hold.

Price targets move as follows:

• SunPower from $6 to $9
  
• Yingli from $2 to $5
  
• Trina from $3.50 to $9
  
• MEMC from $5 to $6
  
• SUntech from $1 to $3

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