Yingli Green Energy (NYSE:YGE), JA Solar (Nasdaq: JASO), LDK Solar (NYSE: LDK), and Renesola (NYSE: SOL) face huge hurdles as the demand for solar dwindles, and only being propped up by the Chinese government allows them to survive at this point.
There is little doubt these companies would have probably declared bankruptcy if they were based in the United States.
The problem is there is simply little demand from individuals for solar power, being the darling of government and politicians around the world, seeking to curry favor with a small but vocal minority opposing fossil fuels, even though there is no proof global warming is a fact.
Demand for solar from the largest markets, Germany, France and Spain, shrank in 2011, and has little chance of growing in 2012, as the sovereign debt crisis widens and deepens.
The question for the solar companies above are how long China will continue to underwrite their performance. While it's impossible to know what is really happening economically in China because of lack of dislosure, or in many cases, outright fraud, investing in these solar companies is highly risky, as it is with any solar firm.
Slowing demand is crushing margins and earnings, and with the probable continuation of a weak global economy, there is no way to be sure any government will continue to support the solar sector and the companies relying on that for survival.
Showing posts with label LDK Solar. Show all posts
Showing posts with label LDK Solar. Show all posts
Tuesday, January 3, 2012
LDK Solar (LDK) Crushed to End Year
As with the rest of the solar sector, shares of LDK Solar (NYSE:LDK) took a beating during 2011, and ended the year getting crushed on the last trading day, plunging $0.30, or 6.68 percent, closing at $4.19.
LDK traded in a range of $2.55 to $14.97 over 2011.
The solar story is none other than a lack of demand, and the resultant plunge in prices and margins by companies providing polysilicon and modules.
Major demand from Germany, Italy, and Spain plummeted in 2011, and there's little reason to believe that will change in 2012.
Solar is an example of crony capitalism, forced upon most nations by lawmakers who see it as a way to buy votes. The reality is few individuals care one way or the other about the source of energy, as long as they get it.
Obama's disastrous debacle concerning Solyndra is a good case study of that, wasting over $500 million in taxpayers dollars, and getting absolutely nothing in return.
Some attempt to make it look like there is a growing demand in America, but that is a pseudo demand, as it's being forced on us by the government, not from the market. That is always a potential disaster.
If it weren't for governments propping up solar companies, there would be no solar industry, as they aren't able to stand on their own, and the final product is ridiculously unpredictable and unreliable as the sun it requires to operate. Can anyone say "rolling blackouts?"
Having said all this, the next phase of the industry, even with governments backing the sector, is for a consolidation to take place.
The problem for investors is there is no way they can no what politicians will do when an industry is dependent on their votes to survive. That makes solar a terrible investment at this time, and will continue to be until real demand, if ever, comes from the people considering the power source as a viable alternative.
LDK traded in a range of $2.55 to $14.97 over 2011.
The solar story is none other than a lack of demand, and the resultant plunge in prices and margins by companies providing polysilicon and modules.
Major demand from Germany, Italy, and Spain plummeted in 2011, and there's little reason to believe that will change in 2012.
Solar is an example of crony capitalism, forced upon most nations by lawmakers who see it as a way to buy votes. The reality is few individuals care one way or the other about the source of energy, as long as they get it.
Obama's disastrous debacle concerning Solyndra is a good case study of that, wasting over $500 million in taxpayers dollars, and getting absolutely nothing in return.
Some attempt to make it look like there is a growing demand in America, but that is a pseudo demand, as it's being forced on us by the government, not from the market. That is always a potential disaster.
If it weren't for governments propping up solar companies, there would be no solar industry, as they aren't able to stand on their own, and the final product is ridiculously unpredictable and unreliable as the sun it requires to operate. Can anyone say "rolling blackouts?"
Having said all this, the next phase of the industry, even with governments backing the sector, is for a consolidation to take place.
The problem for investors is there is no way they can no what politicians will do when an industry is dependent on their votes to survive. That makes solar a terrible investment at this time, and will continue to be until real demand, if ever, comes from the people considering the power source as a viable alternative.
Tuesday, December 20, 2011
LDK Solar (LDK) (IMPV) (ELN) (CCM) (ZA) (WNS) Top NYSE Gainers
LDK Solar (NYSE:LDK), Imperva Inc. (NYSE:IMPV), Elan Corp. (NYSE:ELN), Concord Medical Services Holding Ltd (NYSE:CCM), Zuoan Fashion (NYSE:ZA) and WNS Holdings Ltd (NYSE:WNS) were the top gainers on the NYSE, Monday, December 19.
LDK Solar (LDK) ended up 10.56 percent, closing at $4.92. They traded in a range of $4.41 to $5.04. A total of 4,041,675 shares changed hands.
Imperva Inc. (IMPV) ended up 6.25 percent, closing at $27.35. They traded in a range of $25.75 to $27.88. A total of 202,442 shares changed hands.
Elan Corp. (ELN) ended up 6.01 percent, closing at $12.53. They traded in a range of $11.85 to $12.53. A total of 7,696,510 shares changed hands.
Concord Medical Services Holding Ltd (CCM) ended up 5.25 percent, closing at $3.41. They traded in a range of $3.19 to $3.45. A total of 51,111 shares changed hands.
Zuoan Fashion (ZA) ended up 5.13 percent, closing at $4.30. They traded in a range of $4.20 to $4.59. A total of 27,199 shares changed hands.
WNS Holdings Ltd (WNS) ended up 5.13 percent, closing at $8.61. They traded in a range of $8.54 to $9.00. A total of 29,866 shares changed hands.
LDK Solar (LDK) ended up 10.56 percent, closing at $4.92. They traded in a range of $4.41 to $5.04. A total of 4,041,675 shares changed hands.
Imperva Inc. (IMPV) ended up 6.25 percent, closing at $27.35. They traded in a range of $25.75 to $27.88. A total of 202,442 shares changed hands.
Elan Corp. (ELN) ended up 6.01 percent, closing at $12.53. They traded in a range of $11.85 to $12.53. A total of 7,696,510 shares changed hands.
Concord Medical Services Holding Ltd (CCM) ended up 5.25 percent, closing at $3.41. They traded in a range of $3.19 to $3.45. A total of 51,111 shares changed hands.
Zuoan Fashion (ZA) ended up 5.13 percent, closing at $4.30. They traded in a range of $4.20 to $4.59. A total of 27,199 shares changed hands.
WNS Holdings Ltd (WNS) ended up 5.13 percent, closing at $8.61. They traded in a range of $8.54 to $9.00. A total of 29,866 shares changed hands.
Friday, December 9, 2011
E Commerce China (DANG) (NNA) (LDK) (TLB) (SKY) (CJES) Biggest NYSE Gainers
E Commerce China Dangdang Inc. (NYSE:DANG), Navios Maritime Acquisition (NYSE:NNA), LDK Solar (NYSE:LDK), Talbots (NYSE:TLB), Skyline Corporation (NYSE:SKY) and C&J Energy Services (NYSE:CJES) were the biggest NYSE Gainers, Thursday, December 8.
E Commerce China Dangdang Inc. (DANG) ended the session up 22.37 percent, closing at $5.69. They traded in a range of $4.64 to $5.78. A total of 5,958,922 shares changed hands.
Navios Maritime Acquisition (NNA) ended the session up 15.54 percent, closing at $2.90. They traded in a range of $2.60 to $3.40. A total of 200,015 shares changed hands.
LDK Solar (LDK) ended the session up 7.48 percent, closing at $4.60. They traded in a range of $4.21 to $4.68. A total of 4,908,871 shares changed hands.
Talbots (TLB) ended the session up 5.66 percent, closing at $2.80. They traded in a range of $2.52 to $2.80. A total of 3,158,551 shares changed hands.
Skyline Corporation (SKY) ended the session up 4.58 percent, closing at $6.39. They traded in a range of $6.01 to $6.52. A total of 37,316 shares changed hands.
C&J Energy Services (CJES) ended the session up 4.32 percent, closing at $21.48. They traded in a range of $21.04 to $22.37. A total of 2,766,830 shares changed hands.
E Commerce China Dangdang Inc. (DANG) ended the session up 22.37 percent, closing at $5.69. They traded in a range of $4.64 to $5.78. A total of 5,958,922 shares changed hands.
Navios Maritime Acquisition (NNA) ended the session up 15.54 percent, closing at $2.90. They traded in a range of $2.60 to $3.40. A total of 200,015 shares changed hands.
LDK Solar (LDK) ended the session up 7.48 percent, closing at $4.60. They traded in a range of $4.21 to $4.68. A total of 4,908,871 shares changed hands.
Talbots (TLB) ended the session up 5.66 percent, closing at $2.80. They traded in a range of $2.52 to $2.80. A total of 3,158,551 shares changed hands.
Skyline Corporation (SKY) ended the session up 4.58 percent, closing at $6.39. They traded in a range of $6.01 to $6.52. A total of 37,316 shares changed hands.
C&J Energy Services (CJES) ended the session up 4.32 percent, closing at $21.48. They traded in a range of $21.04 to $22.37. A total of 2,766,830 shares changed hands.
Friday, November 25, 2011
LDK Solar (LDK) (LUFK) (PDCO) (DCIX) (ECT) (NYSE: EJ) Downgraded
LDK Solar (NYSE: LDK), Lufkin Industries Inc. (NASDAQ: LUFK), Patterson Companies Inc. (NASDAQ: PDCO), Diana Containerships (NASDAQ: DCIX), ECA Marcellus Trust (NYSE: ECT) and E-House China (NYSE: EJ) were downgraded by analysts.
LDK Solar (LDK) was downgraded by ThinkEquity from a “Hold” rating to a “Sell” rating.
Lufkin Industries Inc. (LUFK) was downgraded by SunTrust (NYSE:STI) from a “Buy” rating to a “Neutral” rating.
Patterson Companies Inc. (PDCO) was downgraded by William Blair from an “Outperform” rating to a “Market Perform” rating.
Diana Containerships (DCIX) was downgraded by Bank of America (NYSE:BAC) from a “Buy” rating to a “Neutral” rating.
ECA Marcellus Trust (ECT) was downgraded by Citigroup (NYSE:C) from a “Buy” rating to a “Neutral” rating.
E-House China (EJ) was downgraded by Maxim Group from a “Hold” rating to a “Sell” rating. They have a price target of $5.00 on the company.
LDK Solar (LDK) was downgraded by ThinkEquity from a “Hold” rating to a “Sell” rating.
Lufkin Industries Inc. (LUFK) was downgraded by SunTrust (NYSE:STI) from a “Buy” rating to a “Neutral” rating.
Patterson Companies Inc. (PDCO) was downgraded by William Blair from an “Outperform” rating to a “Market Perform” rating.
Diana Containerships (DCIX) was downgraded by Bank of America (NYSE:BAC) from a “Buy” rating to a “Neutral” rating.
ECA Marcellus Trust (ECT) was downgraded by Citigroup (NYSE:C) from a “Buy” rating to a “Neutral” rating.
E-House China (EJ) was downgraded by Maxim Group from a “Hold” rating to a “Sell” rating. They have a price target of $5.00 on the company.
Wednesday, November 23, 2011
LDK (LDK) (KOG) (LUFK) (EV) (FENG) (FRO) Ratings, Price Targets
LDK Solar (LDK), Kodiak Oil & Gas Corp. (KOG), Lufkin Industries Inc. (LUFK), Eaton Vance Corp. (EV), Phoenix New Media Limited (FENG) and Frontline Ltd. (FRO) ratings and price targets.
Macquarie downgraded Kodiak Oil & Gas Corp. (KOG) to a “Neutral” rating.
ThinkEquity downgraded LDK Solar (LDK) from a “Hold” rating to a “Sell” rating.
SunTrust (NYSE:STI) downgraded Lufkin Industries Inc. (LUFK) from a “Buy” rating to a “Neutral” rating.
Citigroup (NYSE:C) lowered its price target on Eaton Vance Corp. (EV) to $20.00.
Macquarie upgraded Phoenix New Media Limited (FENG) from a “Neutral” rating to an “Outperform” rating.
FBR Capital downgraded Frontline Ltd. (FRO) from a “Market Perform” rating to an “Underperform” rating. They have a price target of $1.50 on the company.
Macquarie downgraded Kodiak Oil & Gas Corp. (KOG) to a “Neutral” rating.
ThinkEquity downgraded LDK Solar (LDK) from a “Hold” rating to a “Sell” rating.
SunTrust (NYSE:STI) downgraded Lufkin Industries Inc. (LUFK) from a “Buy” rating to a “Neutral” rating.
Citigroup (NYSE:C) lowered its price target on Eaton Vance Corp. (EV) to $20.00.
Macquarie upgraded Phoenix New Media Limited (FENG) from a “Neutral” rating to an “Outperform” rating.
FBR Capital downgraded Frontline Ltd. (FRO) from a “Market Perform” rating to an “Underperform” rating. They have a price target of $1.50 on the company.
Wednesday, November 16, 2011
LDK Solar (LDK) (K) (KMT) (KNX) (KRO) (KWK) (LM) Downgraded
LDK Solar (NYSE: LDK), Kellogg (NYSE: K), Kennametal Inc. (NYSE: KMT), Knight Transportation (NYSE: KNX), Kronos Worldwide (NYSE: KRO), Quicksilver Resources Inc. (NYSE: KWK) and Legg Mason, Inc. (NYSE: LM) were downgraded by analysts.
LDK Solar (LDK) was downgraded by Kaufman Brothers from a “Hold” rating to a “Sell” rating. They have a price target of $2.00 on the company, down from $5.00.
Kellogg (K) was downgraded by Sanford C. Bernstein from an “Outperform” rating to a “Market Perform” rating.
Kennametal Inc. (KMT) was downgraded by Bank of America (NYSE:BAC) to an “Underperform” rating. They have a price target of $35.00 on the company.
Knight Transportation (KNX) was downgraded by Sterne Agee from a “Neutral” rating to an “Underperform” rating. They have a price target of $16.00 on the company.
Kronos Worldwide (KRO) was downgraded by Wells Fargo & Co. (NYSE:WFC) from an “Outperform” rating to a “Market Perform” rating.
Quicksilver Resources Inc. (KWK) was downgraded by BMO Capital Markets from an “Outperform” rating to a “Market Perform” rating. They have a price target of $10.00 on the company.
Legg Mason, Inc. (LM) was downgraded by Ticonderoga from a “Neutral” rating to a “Sell” rating. They have a price target of $23.00 on the company.
LDK Solar (LDK) was downgraded by Kaufman Brothers from a “Hold” rating to a “Sell” rating. They have a price target of $2.00 on the company, down from $5.00.
Kellogg (K) was downgraded by Sanford C. Bernstein from an “Outperform” rating to a “Market Perform” rating.
Kennametal Inc. (KMT) was downgraded by Bank of America (NYSE:BAC) to an “Underperform” rating. They have a price target of $35.00 on the company.
Knight Transportation (KNX) was downgraded by Sterne Agee from a “Neutral” rating to an “Underperform” rating. They have a price target of $16.00 on the company.
Kronos Worldwide (KRO) was downgraded by Wells Fargo & Co. (NYSE:WFC) from an “Outperform” rating to a “Market Perform” rating.
Quicksilver Resources Inc. (KWK) was downgraded by BMO Capital Markets from an “Outperform” rating to a “Market Perform” rating. They have a price target of $10.00 on the company.
Legg Mason, Inc. (LM) was downgraded by Ticonderoga from a “Neutral” rating to a “Sell” rating. They have a price target of $23.00 on the company.
Tuesday, November 15, 2011
LDK Solar (LDK) (KEX) (KMT) (KNX) (LNN) Ratings, Price Targets
LDK Solar (LDK), Kirby Co. (KEX), Kennametal Inc. (KMT), Knight Transportation (KNX) and Lindsay Corp (LNN) ratings and price targets.
Kaufman Brothers downgraded LDK Solar (LDK) from a “Hold” rating to a “Sell” rating. They have a price target of $2.00 on the company, down from $5.00.
Dahlman Rose initiated coverage on Kirby Co. (KEX). They placed a “Buy” rating and a price target of $76.00 on the company.
Bank of America (NYSE:BAC) downgraded Kennametal Inc. (KMT) to an “Underperform” rating. They have a price target of $35.00 on the company.
Sterne Agee downgraded Knight Transportation (KNX) from a “Neutral” rating to an “Underperform” rating. They have a price target of $16.00 on the company.
Stifel Nicolaus initiated coverage on Lindsay Corp (LNN). They placed a “Hold” rating on the company.
Kaufman Brothers downgraded LDK Solar (LDK) from a “Hold” rating to a “Sell” rating. They have a price target of $2.00 on the company, down from $5.00.
Dahlman Rose initiated coverage on Kirby Co. (KEX). They placed a “Buy” rating and a price target of $76.00 on the company.
Bank of America (NYSE:BAC) downgraded Kennametal Inc. (KMT) to an “Underperform” rating. They have a price target of $35.00 on the company.
Sterne Agee downgraded Knight Transportation (KNX) from a “Neutral” rating to an “Underperform” rating. They have a price target of $16.00 on the company.
Stifel Nicolaus initiated coverage on Lindsay Corp (LNN). They placed a “Hold” rating on the company.
Wednesday, October 26, 2011
LDK Solar (LDK) (HUBG) (HWAY) (ININ) (LSTR) Downgraded
LDK Solar (NYSE: LDK), Hub Group, Inc. (NASDAQ: HUBG), Healthways, Inc. (NASDAQ: HWAY), Interactive Intelligence (NASDAQ: ININ) and Landstar System, Inc. (NASDAQ: LSTR) were downgraded by analysts.
Hub Group, Inc. (HUBG) was downgraded by Robert W. Baird from an “Outperform” rating to a “Neutral” rating. They have a price target of $36.00 on the company.
Healthways, Inc. (HWAY) was downgraded by Piper Jaffray (NYSE:PJC) from an “Overweight” rating to a “Neutral” rating. They have a price target of $13.00 on the company.
Interactive Intelligence (ININ) was downgraded by Northland Securities from an “Outperform” rating to a “Market Perform” rating. They have a price target of $30.00 on the company.
LDK Solar (LDK) was downgraded by Nomura to a “Reduce” rating.
Landstar System, Inc. (LSTR) was downgraded by Robert W. Baird from an “Outperform” rating to a “Neutral” rating. They have a price target of $51.00 on the company, up from $48.00.
Hub Group, Inc. (HUBG) was downgraded by Robert W. Baird from an “Outperform” rating to a “Neutral” rating. They have a price target of $36.00 on the company.
Healthways, Inc. (HWAY) was downgraded by Piper Jaffray (NYSE:PJC) from an “Overweight” rating to a “Neutral” rating. They have a price target of $13.00 on the company.
Interactive Intelligence (ININ) was downgraded by Northland Securities from an “Outperform” rating to a “Market Perform” rating. They have a price target of $30.00 on the company.
LDK Solar (LDK) was downgraded by Nomura to a “Reduce” rating.
Landstar System, Inc. (LSTR) was downgraded by Robert W. Baird from an “Outperform” rating to a “Neutral” rating. They have a price target of $51.00 on the company, up from $48.00.
LDK Solar (LDK) (NFLX) (HMA) (HXL) (KMB) (LSTR) Price Targets Changed
LDK Solar (NYSE: LDK), Netflix, Inc. (NASDAQ: NFLX), Health Management Associates (NYSE: HMA), Hexcel Co. (NYSE: HXL), Kimberly Clark Corp (NYSE: KMB) and Landstar System, Inc. (NASDAQ: LSTR) had price targets on them adjusted by analysts.
LDK Solar (NYSE: LDK) had its price target lowered by Piper Jaffray (NYSE:PJC) to $3.30.
Netflix, Inc. (NFLX) had its price target lowered by UBS AG (NYSE:UBS) to $90.00. They have a “Neutral” rating on the company.
Health Management Associates (HMA) had its price target raised by Deutsche Bank (NYSE:DB) to $8.50.
Hexcel Co. (HXL) had its price target raised by Needham & Company from $32.00 to $34.00. They have a “Buy” rating on the company.
Kimberly Clark Corp. (KMB) had its price target raised by UBS AG to $77.00. They have a “Buy” rating on the company.
Landstar System, Inc. (LSTR) had its price target raised by Credit Suisse (NYSE:CS) to $53.00. They have an “Outperform” rating on the company.
LDK Solar (NYSE: LDK) had its price target lowered by Piper Jaffray (NYSE:PJC) to $3.30.
Netflix, Inc. (NFLX) had its price target lowered by UBS AG (NYSE:UBS) to $90.00. They have a “Neutral” rating on the company.
Health Management Associates (HMA) had its price target raised by Deutsche Bank (NYSE:DB) to $8.50.
Hexcel Co. (HXL) had its price target raised by Needham & Company from $32.00 to $34.00. They have a “Buy” rating on the company.
Kimberly Clark Corp. (KMB) had its price target raised by UBS AG to $77.00. They have a “Buy” rating on the company.
Landstar System, Inc. (LSTR) had its price target raised by Credit Suisse (NYSE:CS) to $53.00. They have an “Outperform” rating on the company.
Monday, October 10, 2011
LDK Solar (LDK) (ERTS) (LUV) (ESL) (MA) (FNSR) Get New Coverage
LDK Solar Co., Ltd (NASDAQ: LDK), Electronic Arts Inc (NASDAQ: ERTS), Southwest Airlines Co. (NYSE: LUV), Esterline Technologies Co. (NYSE: ESL), MasterCard (NYSE: MA) and Finisar (NASDAQ: FNSR) getting new coverage from analysts.
Bank of America (NYSE:BAC) initiated coverage on LDK Solar Co. (LDK). They placed an “Underperform” rating on the company.
Robert W. Baird initiated coverage on Electronic Arts Inc. (ERTS). They placed a “Neutral” rating and a price target of $25.00 on the company.
Sterne Agee initiated coverage on Southwest Airlines Co. (LUV). They placed a “Neutral” rating and a price target of $16.00 on the company.
Auriga initiated coverage on Esterline Technologies Co. (ESL). They placed a “Buy” rating on the company.
Deutsche Bank (NYSE:DB) initiated coverage on MasterCard (MA). They placed a “Buy” rating and a price target of $415.00 on the company.
Morgan Keegan initiated coverage on Finisar (FNSR). They placed an “Outperform” rating and a price target of $25.50 on the company.
Bank of America (NYSE:BAC) initiated coverage on LDK Solar Co. (LDK). They placed an “Underperform” rating on the company.
Robert W. Baird initiated coverage on Electronic Arts Inc. (ERTS). They placed a “Neutral” rating and a price target of $25.00 on the company.
Sterne Agee initiated coverage on Southwest Airlines Co. (LUV). They placed a “Neutral” rating and a price target of $16.00 on the company.
Auriga initiated coverage on Esterline Technologies Co. (ESL). They placed a “Buy” rating on the company.
Deutsche Bank (NYSE:DB) initiated coverage on MasterCard (MA). They placed a “Buy” rating and a price target of $415.00 on the company.
Morgan Keegan initiated coverage on Finisar (FNSR). They placed an “Outperform” rating and a price target of $25.50 on the company.
Wednesday, September 7, 2011
LDK Solar (LDK) (MSCI) (NKE) (PEG) (PEP) Downgraded
LDK Solar (NYSE: LDK), MSCI (NASDAQ: MSCI), NIKE, Inc. (NYSE: NKE), Public Service Enterprise Group Inc. (NYSE: PEG) and PepsiCo, Inc. (NYSE: PEP) were downgraded by analysts.
LDK Solar (LDK) was downgraded by Argus from a “Hold” rating to a “Sell” rating.
MSCI (MSCI) was downgraded by JMP Securities from an “Outperform” rating to a “Market Perform” rating.
NIKE, Inc. (NKE) was downgraded by HSBC (NYSE:HBC) from an “Overweight” rating to a “Neutral” rating. They have a price target of $96.00 on the company, down from $100.00.
Public Service Enterprise Group Inc. (PEG) was downgraded by Macquarie from an “Outperform” rating to a “Neutral” rating.
PepsiCo, Inc. (PEP) was downgraded by Morgan Stanley (NYSE:MS) from an “Overweight” rating to an “Equal Weight” rating.
LDK Solar (LDK) was downgraded by Argus from a “Hold” rating to a “Sell” rating.
MSCI (MSCI) was downgraded by JMP Securities from an “Outperform” rating to a “Market Perform” rating.
NIKE, Inc. (NKE) was downgraded by HSBC (NYSE:HBC) from an “Overweight” rating to a “Neutral” rating. They have a price target of $96.00 on the company, down from $100.00.
Public Service Enterprise Group Inc. (PEG) was downgraded by Macquarie from an “Outperform” rating to a “Neutral” rating.
PepsiCo, Inc. (PEP) was downgraded by Morgan Stanley (NYSE:MS) from an “Overweight” rating to an “Equal Weight” rating.
Wednesday, August 31, 2011
Northgate (NXG) (CMS) (EMR) (LDK) (NSRGY) Downgraded
Northgate Minerals Co. (NYSE: NXG), CMS Energy (NYSE: CMS), Emerson Electric Co. (NYSE: EMR), LDK Solar (NYSE: LDK) and Nestle (NASDAQ: NSRGY) downgraded by analysts.
Northgate Minerals Co. (NXG) was downgraded by Credit Suisse (NYSE:CS) from an “Outperform” rating to a “Neutral” rating.
CMS Energy (CMS) was downgraded by ISI Group to a “Hold” rating. They have a price target of $19.50 on the company.
Emerson Electric Co. (EMR) was downgraded by Argus from a “Buy” rating to a “Hold” rating.
LDK Solar (LDK) was downgraded by Wells Fargo & Co. (NYSE:WFC) from a “Market Perform” rating to an “Underperform” rating.
Nestle (NSRGY) was downgraded by Sanford C. Bernstein from an “Outperform” rating to a “Market Perform” rating.
Northgate Minerals Co. (NXG) was downgraded by Credit Suisse (NYSE:CS) from an “Outperform” rating to a “Neutral” rating.
CMS Energy (CMS) was downgraded by ISI Group to a “Hold” rating. They have a price target of $19.50 on the company.
Emerson Electric Co. (EMR) was downgraded by Argus from a “Buy” rating to a “Hold” rating.
LDK Solar (LDK) was downgraded by Wells Fargo & Co. (NYSE:WFC) from a “Market Perform” rating to an “Underperform” rating.
Nestle (NSRGY) was downgraded by Sanford C. Bernstein from an “Outperform” rating to a “Market Perform” rating.
LDK Solar (LDK) (JDSU) (JNPR) (LCAPA) Price Targets Changed
LDK Solar (NYSE: LDK), JDS Uniphase Co. (NASDAQ: JDSU), Juniper Networks (NASDAQ: JNPR) and Liberty Media Capital (NASDAQ: LCAPA) had price targets adjusted by analysts.
LDK Solar (LDK) had its price target lowered by Kaufman Brothers from $6.00 to $5.00. They have a “Hold” rating on the company.
JDS Uniphase Co. (JDSU) had its price target raised by RBC Capital from $16.00 to $18.00. They have an “Outperform” rating on the company.
Juniper Networks (JNPR) had its price target lowered by UBS AG (UBS) from $31.00 to $24.00. They have a “Neutral” rating on the company.
Liberty Media Capital (LCAPA) had its price target lowered by Wunderlich from $95.00 to $84.00. They have a “Buy” rating on the company.
LDK Solar (LDK) had its price target lowered by Kaufman Brothers from $6.00 to $5.00. They have a “Hold” rating on the company.
JDS Uniphase Co. (JDSU) had its price target raised by RBC Capital from $16.00 to $18.00. They have an “Outperform” rating on the company.
Juniper Networks (JNPR) had its price target lowered by UBS AG (UBS) from $31.00 to $24.00. They have a “Neutral” rating on the company.
Liberty Media Capital (LCAPA) had its price target lowered by Wunderlich from $95.00 to $84.00. They have a “Buy” rating on the company.
Monday, August 22, 2011
LDK Solar (LDK) (MMI) (SCHW) (SUBCY) (WYN) Downgraded
LDK Solar (NYSE: LDK), Motorola Mobility (NYSE: MMI), Charles Schwab (NASDAQ: SCHW), Subsea 7 SA (NASDAQ: SUBCY) and Wyndham Worldwide (NYSE: WYN) downgraded by analysts.
LDK Solar (LDK) was downgraded by ThinkEquity from a “Buy” rating to a “Hold” rating.
Motorola Mobility (MMI) was downgraded by Oppenheimer from an “Outperform” rating to a “Perform” rating.
Charles Schwab (SCHW) was downgraded by Macquarie from an “Outperform” rating to a “Neutral” rating.
Subsea 7 SA (SUBCY) was downgraded by JPMorgan Chase & Co. (NYSE:JPM) from a “Neutral” rating to an “Underweight” rating.
Wyndham Worldwide (WYN) was downgraded by FBR Capital to a “Market Perform” rating.
LDK Solar (LDK) was downgraded by ThinkEquity from a “Buy” rating to a “Hold” rating.
Motorola Mobility (MMI) was downgraded by Oppenheimer from an “Outperform” rating to a “Perform” rating.
Charles Schwab (SCHW) was downgraded by Macquarie from an “Outperform” rating to a “Neutral” rating.
Subsea 7 SA (SUBCY) was downgraded by JPMorgan Chase & Co. (NYSE:JPM) from a “Neutral” rating to an “Underweight” rating.
Wyndham Worldwide (WYN) was downgraded by FBR Capital to a “Market Perform” rating.
LDK Solar (LDK) (CACI) (PFG) (HPQ) (INTU) (GMLP) Price Targets Changed
LDK Solar (NYSE: LDK), CACI International Inc (NASDAQ: CACI), Principal Financial Group, Inc. (NYSE: PFG), Hewlett-Packard (NYSE: HPQ), Intuit Inc. (NASDAQ: INTU) and Golar LNG Partners (NASDAQ: GMLP) adjusted by analysts.
Principal Financial Group, Inc. (PFG) had its price target lowered by UBS AG (NYSE:UBS) from $33.00 to $24.00. They have a “Neutral” rating on the company.
LDK Solar (LDK) had its price target lowered by Kaufman Brothers from $8.00 to $6.00. They have a “Hold” rating on the company.
CACI International Inc. (CACI) had its price target lowered by RBC Capital from $71.00 to $65.00. They have an “Outperform” rating on the company.
Hewlett-Packard (HPQ) had its price target lowered by ISI Group from $40.00 to $34.00. They have a “Hold” rating on the company.
Intuit Inc. (INTU) had its price target lowered by UBS AG from $57.00 to $53.00. They have a “Buy” rating on the company.
Golar LNG Partners (GMLP) had its price target raised by RBC Capital from $29.00 to $31.00. They have an “Outperform” rating on the company.
Principal Financial Group, Inc. (PFG) had its price target lowered by UBS AG (NYSE:UBS) from $33.00 to $24.00. They have a “Neutral” rating on the company.
LDK Solar (LDK) had its price target lowered by Kaufman Brothers from $8.00 to $6.00. They have a “Hold” rating on the company.
CACI International Inc. (CACI) had its price target lowered by RBC Capital from $71.00 to $65.00. They have an “Outperform” rating on the company.
Hewlett-Packard (HPQ) had its price target lowered by ISI Group from $40.00 to $34.00. They have a “Hold” rating on the company.
Intuit Inc. (INTU) had its price target lowered by UBS AG from $57.00 to $53.00. They have a “Buy” rating on the company.
Golar LNG Partners (GMLP) had its price target raised by RBC Capital from $29.00 to $31.00. They have an “Outperform” rating on the company.
Friday, July 8, 2011
SunPower (SPWRA) (LDK) (NE) (FST) (MCD) Price Targets Changed
Price targets on SunPower Co. (NASDAQ: SPWRA), LDK Solar (NYSE: LDK), Noble Corp (NYSE: NE), Forest Oil Co. (NYSE: FST) and McDonald’s (NYSE: MCD) were adjusted by analysts.
Bank of America (NYSE:BAC) raised their price target on McDonald’s (MCD) to $96.00. They have a “buy” rating on the company.
RBC Capital cut their price target on Noble Corp (NE) from $50.00 to $44.00. They have an “outperform” rating on the company.
Jefferies (NYSE:JEF) cut their price target on shares of SunPower Co. (SPWRA) to $18.00. They have a “hold” rating on the company.
HSBC (NYSE:HBC) cut their price target on LDK Solar (LDK) from $9.80 to $5.60. They have an “underweight” rating on the company.
RBC Capital cut their price target on Forest Oil Co. (FST) from $45.00 to $37.00. They now have an “outperform” rating on the company.
Goldman Sachs (NYSE:GS) cut their price target on Forest Oil Co. to $32.00.
Forest Oil closed Thursday at $24.24, falling $3.83, or 13.64 percent. McDonald's closed at $86.06, gaining $0.20, or 0.23 percent. LDK Solar closed at $6.88, dropping $0.18, or 2.55 percent. Noble closed at $37.69, down $0.66, or 1.72 percent. SunPower ended the day at $20.06, climbing $0.19, or 0.96 percent.
Bank of America (NYSE:BAC) raised their price target on McDonald’s (MCD) to $96.00. They have a “buy” rating on the company.
RBC Capital cut their price target on Noble Corp (NE) from $50.00 to $44.00. They have an “outperform” rating on the company.
Jefferies (NYSE:JEF) cut their price target on shares of SunPower Co. (SPWRA) to $18.00. They have a “hold” rating on the company.
HSBC (NYSE:HBC) cut their price target on LDK Solar (LDK) from $9.80 to $5.60. They have an “underweight” rating on the company.
RBC Capital cut their price target on Forest Oil Co. (FST) from $45.00 to $37.00. They now have an “outperform” rating on the company.
Goldman Sachs (NYSE:GS) cut their price target on Forest Oil Co. to $32.00.
Forest Oil closed Thursday at $24.24, falling $3.83, or 13.64 percent. McDonald's closed at $86.06, gaining $0.20, or 0.23 percent. LDK Solar closed at $6.88, dropping $0.18, or 2.55 percent. Noble closed at $37.69, down $0.66, or 1.72 percent. SunPower ended the day at $20.06, climbing $0.19, or 0.96 percent.
Wednesday, June 1, 2011
BP (BP) (RDS-A) (JKS) (LDK) (LECO) Get Ratings, Price Target Changes
Ratings and/or price targets on shares of BP (NYSE:BP), Royal Dutch Shell (NYSE:RDS.A), JinkoSolar Holding Co., Ltd. (NYSE: JKS), LDK Solar (NYSE: LDK) and Lincoln Electric Holdings Inc (NASDAQ: LECO) were initiated or changed by analysts.
RBC Capital initiated coverage on BP (BP), starting them off with an "Outperform" rating.
Royal Dutch Shell (RDS.A) was initiated with a "Top Pick" rating at RBC Capital Markets.
Collins Stewart cut their price target on JinkoSolar Holding Co., Ltd. (JKS) from $38.00 to $34.50. They have a “buy” rating on the company.
Kaufman Brothers downgraded LDK Solar (LDK) from a “buy” rating to a “hold” rating. They have a price target of $8.00 on the company, down from $24.00.
Longbow Research upgraded Lincoln Electric Holdings Inc (LECO) from a “neutral” rating to a “buy” rating. They have a price target of $92.00 on the company.
RBC Capital initiated coverage on BP (BP), starting them off with an "Outperform" rating.
Royal Dutch Shell (RDS.A) was initiated with a "Top Pick" rating at RBC Capital Markets.
Collins Stewart cut their price target on JinkoSolar Holding Co., Ltd. (JKS) from $38.00 to $34.50. They have a “buy” rating on the company.
Kaufman Brothers downgraded LDK Solar (LDK) from a “buy” rating to a “hold” rating. They have a price target of $8.00 on the company, down from $24.00.
Longbow Research upgraded Lincoln Electric Holdings Inc (LECO) from a “neutral” rating to a “buy” rating. They have a price target of $92.00 on the company.
Sunday, May 22, 2011
Price Targets (CTRP) (INTU) (JCP) (LDK) (LONG) Weekly Recap
Price targets on shares of Ctrip.com International, Ltd. (NASDAQ: CTRP), Intuit Inc. (NASDAQ: INTU), J.C. Penney Company, Inc. (NYSE: JCP), LDK Solar (NYSE: LDK), eLong, Inc. (NASDAQ: LONG) updated by analysts during the last week.
Goldman Sachs (NYSE:GS) cut their price target on Ctrip.com International, Ltd. (CTRP) from $42.00 to $40.00.
Deutsche Bank (NYSE:DB) raised their price target on Intuit Inc. (INTU) from $60.00 to $65.00. They have a “buy” rating on the company.
Bank of America (NYSE:BAC) raised their price target on J.C. Penney Company, Inc. (JCP) from $30.00 to $35.00.
Collins Stewart cut their price target on LDK Solar (LDK) from $11.00 to $8.00. They have a “sell” rating on the company.
Brean Murray raised their price target on eLong, Inc. (LONG) from $17.00 to $20.00. They have a “buy” rating on the company.
Goldman Sachs (NYSE:GS) cut their price target on Ctrip.com International, Ltd. (CTRP) from $42.00 to $40.00.
Deutsche Bank (NYSE:DB) raised their price target on Intuit Inc. (INTU) from $60.00 to $65.00. They have a “buy” rating on the company.
Bank of America (NYSE:BAC) raised their price target on J.C. Penney Company, Inc. (JCP) from $30.00 to $35.00.
Collins Stewart cut their price target on LDK Solar (LDK) from $11.00 to $8.00. They have a “sell” rating on the company.
Brean Murray raised their price target on eLong, Inc. (LONG) from $17.00 to $20.00. They have a “buy” rating on the company.
Friday, May 20, 2011
Ratings on (LDK) (LEAP) (PDCO) (GPS) Downgraded
Ratings on shares of LDK Solar (NYSE: LDK), Leap Wireless (NASDAQ: LEAP), Patterson Companies Inc (NASDAQ: PDCO) and The Gap Inc. (NYSE: GPS) were downgraded by analysts.
Kaufman Brothers analysts downgraded LDK Solar (LDK) from a “buy” rating to a “hold” rating. They have a price target of $8.00 on the company, down from $24.00.
JPMorgan Chase & Co. (NYSE:JPM) downgraded Leap Wireless (LEAP) from an “overweight” rating to a “neutral” rating. They have a price target of $16.00 on the company.
UBS AG (NYSE:UBS) downgraded Patterson Companies Inc (PDCO) from a “buy” rating to a “neutral” rating. They have a price target of $37.00 on the stock, up from $36.00. They cited valuation as the catalyst behind the call.
Piper Jaffray (NYSE:PJC) downgraded The Gap Inc. (GPS) from an “overweight” rating to a “neutral” rating. They have a price target of $19.00 on the company.
Kaufman Brothers analysts downgraded LDK Solar (LDK) from a “buy” rating to a “hold” rating. They have a price target of $8.00 on the company, down from $24.00.
JPMorgan Chase & Co. (NYSE:JPM) downgraded Leap Wireless (LEAP) from an “overweight” rating to a “neutral” rating. They have a price target of $16.00 on the company.
UBS AG (NYSE:UBS) downgraded Patterson Companies Inc (PDCO) from a “buy” rating to a “neutral” rating. They have a price target of $37.00 on the stock, up from $36.00. They cited valuation as the catalyst behind the call.
Piper Jaffray (NYSE:PJC) downgraded The Gap Inc. (GPS) from an “overweight” rating to a “neutral” rating. They have a price target of $19.00 on the company.
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