Solar Stocks News
Yesterday, First Solar (Nasdaq: FSLR) was up 6.31%, with a Morgan Stanley initiating a equal weight rating and a $28 price target.
Credit Suisse cites results will be driven by management's plans to add capacity, reduce costs and margin expansion. Sets $32 target price.
And other companies are joining the war for thin-film solar cell technology.
Taiwan based AU Optronics Corp. (NYSE: AUO) said to have recruited a team of specialists to produce thin-film solar cells.
SunPower, (SPWR) recently announced one of the biggest acquisitions in the industry's history to help the San Jose, Calif., company reach that goal.
The company plans to buy PowerLight, a firm that installs solar panels, for about $330 million. The cash-and-stock deal should close early next year, pending approvals.
1 comment(s):
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By Unknown, at 12:53 AM
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