Trina Solar Ltd. (TSL) Post Larger Q1 Profit; Guides Q2 PV Shipments

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Trina Solar (TSL) Q1 'Strong' But Some Concerns, Nomura Notes

May 21, 2014 11:39 AM EDT

Nomura Securities analyst Nitin Kumar reiterated a Buy rating and $22 price target on Trina Solar (NYSE: TSL) following the company's Q1 beat and strong Q2 shipment guidance, which has sent shares up 26% today.

Kumar comments, "Trina reported strong 1Q14 earnings and guided for a... More