Monday, March 9, 2009

Solar Stocks: Cowen Cuts Ests On ESLR, SPWRA, STP, TSL

From Tech Trader Daily:
Cowen analyst Robert Stone this morning cut his EPS estimates for Evergreen Solar (ESLR), SunPower (SPWRA), Suntech (STP) and Trina Solar (TSL) following a series of meeting at last week’s Photon conference in Germany. Stone writes that “seasonality was noted by every company we met with.” He says Germany, the world’s largest solar market, is suffering through one of the coldest winters in years, and that according to system integrators and dealers there, “customers have little interest in placing orders at this time.”>>>MORE