Key Analyst Upgrades This Week Thursday, August 26, 2:54 PM ET, by Market News Video Staff On Monday, UBS (UBS) upgraded shares of First Solar (FSLR) from neutral to buy as ...
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Guggenheim Solar ETF Makes Moves Monday, October 11, 11:03 AM ET, by Market News Video Staff The Guggenheim Solar ETF (TAN), formerly the Claymore/MAC Global Solar Index, is making moves today. ...
By Market News Video Staff, Monday, November 29, 1:47 PM ET
ThinkEquity raised its ratings on several solar stocks today. The company said demand in the solar sector is increasing. First Solar (NASDAQ:FSLR) was upgraded from hold to buy, and assigned at $148 price target. SunPower (SPWRA) was raised from hold to buy, with a $20 price target. And LDK Solar (NYSE:LDK) was upgraded from hold to buy, with a $15 price target. The stocks of all three are trading lower today, possible after a report in the Wall Street Journal said funding for clean energy by venture capital has fallen.
The three together make up more than 20% of the Guggenheim Solar ETF (AMEX:TAN), trading lower by more than 3% on Monday. First Solar (NASDAQ:FSLR) is the top stock in the portfolio, at 13.2%, followed by Trina Solar (NYSE:TSL) at 6.09%.
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