Energy
Credit Suisse Dims Solar Expectations (JASO, SOL, STP)
Published:
Last Updated:
Credit Suisse has come out today with a call against the solar sector from its Asian team. It is not downgrades, but the firm slashed its price targets to more in-line levels after these stocks have all sold off sharply
JA Solar Holdings (NASDAQ: JASO) target cut to $10.00 from $17.00, shares down 3.5% at $4.65 pre-market,
ReneSola Ltd. (NYSE: SOL) target cut to $13.30 From $29.00, shares down 3% at $5.77 pre-market.
Suntech Power Holdings (NYSE: STP) target cut to $20.00 from $50.00, shares down 2% at $14.95 pre-market.
Because of the severe drop in share prices we have seen in recentmonths, these new price targets may start to get adjusted at morebrokerage firms to levels which are more in-line with current prices.For many of the old price targets to get hit you would have to ralliesin many cases to the tune of 150% to 200% or more.
Jon C. Ogg
October 31, 2008
The thought of burdening your family with a financial disaster is most Americans’ nightmare. However, recent studies show that over 100 million Americans still don’t have proper life insurance in the event they pass away.
Life insurance can bring peace of mind – ensuring your loved ones are safeguarded against unforeseen expenses and debts. With premiums often lower than expected and a variety of plans tailored to different life stages and health conditions, securing a policy is more accessible than ever.
A quick, no-obligation quote can provide valuable insight into what’s available and what might best suit your family’s needs. Life insurance is a simple step you can take today to help secure peace of mind for your loved ones tomorrow.
Click here to learn how to get a quote in just a few minutes.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.