Energy
Deutsche Bank Punting Solar Stocks (CSIQ, ENER, FSLR, SPWRA, STP)
Published:
Last Updated:
There is a sector downgrade from Deutsche Bank today in the solar sector. Due to the rally from China’s stimulus package, the pre-market rally in stocks and oil prices, and the hopes that the Obama administration will juice the sector, most of these stocks are actually indicated higher in early pre-market trading:
- Canadian Solar (NASDAQ: CSIQ) Cut to Hold from Buy.
- Energy Conversion Devices (NASDAQ: ENER) Cut to Hold from Buy.
- First Solar (NASDAQ: FSLR) Cut to Hold from Buy.
- Sunpower (NASDAQ: SPWRA) Cut to Hold from Buy.
- Suntech Power (NYSE: STP) Cut to Sell from Hold.
So far this round of downgrades is falling on deaf ears.
Jon C. Ogg
November 10, 2008
Want to Retire Early? Start Here (Sponsor)
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Have questions about retirement or personal finance? Email us at [email protected]!
By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.
By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
