solar industry

Analyst Aaron Chew of Hapoalim Securities assumed coverage of the solar industry “with a cautious stance heading into 2H10 and 2011.” According to Hapoalim Securities, “While we expect strong 2Q10 results along with positive management commentary to keep stocks well bid through summer, with...

Both the Market Vectors Solar Energy ETF (NYSE: KWT) and the Claymore/MAC Global Solar Energy (NYSE: TAN) have seen their share prices bump around recently as cheap traditional fuel sources and the threat of European austerity have taken the sun out of alternative energy investing. However, the...

According to a research report published on Barron’s, the global solar market will expand at a 23% compounded rate to $77 billion by 2015, from an estimated $39 billion in 2010. Lux analyst Ted Sullivan believes that the industry will handily beat the current long-term expectations for the industry...

Shares of Evergreen Solar (NASDAQ: ESLR) have slipped by more than 8% so far after gaining 9% a day before. ESLR has been downgraded by Citi from “hold” to “sell.” Citi has also reduced its target price for ESLR by $2 to $1. Similarly, Pacific Crest has downgraded ESLR from “sector outperform” to “...