Friday, July 8, 2011

JA Solar (JASO) (HSOL) (CSIQ) (T) (ETP) Downgraded by Analysts

JA Solar (NASDAQ: JASO), Hanwha Solar (NASDAQ: HSOL), Canadian Solar Inc. (NASDAQ: CSIQ), AT&T Inc. (NYSE: T) and Energy Transfer (NYSE: ETP) downgraded by analysts.

Macquarie downgraded AT&T Inc. (T) from an “outperform” rating to a “neutral” rating.

Wunderlich downgraded Energy Transfer (ETP) from a “buy” rating to a “hold” rating. They have a price target of $52.00 on the company, down from $56.00.

Jefferies (NYSE:JEF) downgraded JA Solar (JASO) from a “buy” rating to a “hold” rating. They have a price target of $5.00 on the company, down from $7.00.

Jefferies downgraded Hanwha Solar (HSOL) from a “buy” rating to a “hold” rating. They have a price target of $6.00 on the company, down from $8.00.

Jefferies downgraded Canadian Solar Inc. (CSIQ) from a “buy” rating to a “hold” rating. They have a price target of $11.00 on the company, down from $14.00.

JA Solar closed Thursday at $5.01, falling $0.22, or 4.21 percent. Hanwha Solar closed at $5.94, down $0.14, or 2.30 percent. Canadian Solar Inc. ended the day at $10.95, dropping $0.10, or 0.90 percent. AT&T Inc. closed at $21.23, the same as the prior trading session. Energy Transfer closed at $49.18, rising $0.54, or 1.11 percent.

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