ReneSola (SOL) Tops Q4 EPS by 9c; Guides Q1, FY16 Revenue Below Expectations
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March 9, 2016 9:38 AM EST
Roth Capital is downgraded ReneSola (NYSE: SOL) from Buy to Neutral and moving its price target from $1.70 to $1.45 following Q4 results and outlook.
Analyst Philip Shen commented, Back in December, we had upgraded SOL to a Buy as a result of the positive macro impact from the ITC extension improving the outlook for the U.S. market. Although the U.S. outlook has improved,... More
March 8, 2016 6:46 AM EST
ReneSola Ltd (NYSE: SOL) announced the appointments of Ms. Julia Xu and Mr. Weiguo Zhou as independent directors of the Company, effective March 8, 2016. The Company's current director Mr. Yuncai Wu and independent director Mr. Jing Wang are stepping down from the Company's Board of Directors.
Ms. Julia Xu is the Founder and Managing Director of Oravida, a New Zealand-based group specializing in the branding and promotion of New Zealand's premium food products primarily for the Chinese market. Prior to establishing Oravida in New Zealand, Ms. Xu was the Chief Financial Officer of... More
