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ReneSola Ltd. (SOL) PT Lowered to $3 at Roth/MKM

May 24, 2024 9:10 AM EDT

Roth/MKM analyst Philip Shen lowered the price target on ReneSola Ltd. (NYSE: SOL) to $3.00 (from $5.00) while maintaining a Buy rating.

The analyst comments "SOL delivered a Q1 miss, weak Q2 guide, but maintained its 2024 revenue/ margin guide. The company's end markets... More

May 24, 2024 8:23 AM EDT

Northland analyst Donovan Schafer downgraded ReneSola Ltd. (NYSE: SOL) from Market Perform to Underperform with a price target of $1.50 (from $2.00).

The analyst comments "SOL delivered another disappointing quarter and continued to drag out the monetization of the assets that give it a... More