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Jefferies Has Thoughts On The Solar Indsutry (JASO, YGE, SOLF)


Jefferies & Co. is out with a research report this morning on the solar industry. It is reiterating its Buy ratings on Trina Solar (NYSE: TSL), Yingli Green Energy (NYSE: YGE), JA Solar Holdings Co., Ltd.(NASDAQ: JASO), and Solarfun Power Holdings Co., Ltd. (NASDAQ: SOLF).

In a note to clients, Jefferies writes, "We believe more German/Japanese brands are persuing a white label module approach, sourcing modules from China. We believe JASO and
SOLF are primary beneficiaries while TSL and YGE are unlikely to manufacture a module for another brand. Interestingly, we believe white label customers can achieve ASP premiums by leveraging premier brand names from Europe."

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Posted-In: Jefferies & Co.Analyst Color Earnings News Analyst Ratings

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