Wednesday, December 23, 2009

Piper Jaffray Comments on Solar & Manufacturing Technologies Stocks. Raises Price Targets on YGE, TSL, CSIQ and JASO

Trina is leading the pack, up 3 1/2% with CSIQ up 3 1$%, YGE up 2 1/4% and JASO up 1/3%.
From StreetInsider:
...These four Chinese suppliers continue to win global share of a WW market poised for significant unit growth in 2010. More stable ASPs in 2010 and lower polysilicon costs are allowing sequential margin increases for the group to q2-q3....

...YGE's price target increased from $17 to $19, JASO from $6 to $7, CSIQ from $25 to $35 and TSL from $53 to $65....MORE