UPDATE: Credit Suisse Assumes Coverage On JinkoSolar Following Analyst Departure

In a report published Friday, Credit Suisse analyst Patrick Jobin assumed coverage on

with an Outperform rating and $45.00 price target. In the report, Credit Suisse noted, “We are assuming coverage of Jinko Solar (JKS) owing to the departure of the primary analyst. We are making no changes to our rating, target price, or EPS estimates at this time.” JinkoSolar closed on Thursday at $27.81.