Jefferies has made some key downgrades in the solar sector this morning. There are few other calls that were upgrades from rival firms, but the downgrade seems to be more front and center as it was a sector call.
Ascent Solar (NASDAQ:ASTI) Cut to Underperform at Jefferies.
China Sunergy (NASDAQ:CSUN) Cut to Underperform at Jefferies.
Energy Conversion (NASDAQ:ENER) Cut to Underperform at Jefferies.
Evergreen Solar (NASDAQ: ESLR) Cut to Underperform at Jefferies.
First Solar (NASDAQ: FSLR) Cut to Hold at Jefferies.
SolarFun Power (NASDAQ: SFUN) Cut to Underperform at Jefferies.
SunPower (NASDAQ: SPWRA) Raised to Buy at Merriman Curhan Ford; Cut to Hold at Jefferies.
Suntech Power (NYSE: STP) Cut to Underperform at Jefferies; Cut to Neutral at Cowen.
Yingli Green Energy (NYSE: YGE) Raised to Overweight at HSBC.
JON C. OGG
AUGUST 21, 2009
Sponsored: Find a Qualified Financial Advisor
Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.