Friday, November 20, 2009

Analyst Actions on Chinese Solars (CSUN; SOLF; STP; TSL)

From China Stock Analyst:
...China Sunergy Co., Ltd. (NASDAQ:CSUN): Barclays Capital maintained Equal Weight rating on CSUN, and raised price target from $4.50 to $5.00. Jefferies & Company maintained Underperform rating on CSUN, and raised price target from $3.50 to $4.00. Cowen and Company maintained Neutral rating on CSUN. Lazarrod Capital Markets maintained Hold rating on CSUN.

...Solarfun Power Holdings Co., Ltd. (NASDAQ:SOLF): Barclays Capital maintained Underweight rating on SOLF, and raised price target from $3.20 to $4.00. Jefferies & Company maintained Underperform rating on SOLF, and raised price target from $4.50 to $5.75. Oppenheimer & Co. upgraded SOLF to Outperform from Perform, and assigned $10 price target to SOLF.

...Suntech Power Holdings Co., Ltd. (NYSE:STP): Barclays Capital maintained Equal Weight rating on STP, and raised price target from $14 to $15. JPMorgan upgraded STP to Overweight from Underweight, and raised price target to $19 from $8. Piper Jaffray maintained Neutral rating and $16 price target on STP. Macquarie maintained Underperform rating on STP, and raised price target from $13 to $13.50.

...Trina Solar Limited (NYSE:TSL): Barclays Capital maintained Equal Weight rating on TSL, and raised price target from $32.50 to $45.00. Macquarie reiterated Outperform rating on TSL, and raised price target to $55 from $44. Credit Suisse maintained Outperform rating on TSL, and raised price target from $40 to $60. Piper Jaffray reiterated Overweight rating and raised price target to $53 from $37.