-
Daqo New Energy Shares Plunge, Roth Capital Downgrades On New Chinese Solar Policy
Monday, June 4, 2018 - 4:04pm | 337Read More...Chinese solar stocks were under heavy selling pressure Monday in reaction to the government's decision to suspend the construction of new solar farms and cut subsidies to solar companies. One of the most impacted companies is Daqo New Energy Corp (NYSE: DQ), according to Roth Capital Partners...
-
3 Reasons To Ignore 'Overwhelming' Cynicism On Canadian Solar
Friday, November 10, 2017 - 3:41pm | 515Read More...Solar stocks are volatile investments, as they carry a high level of headline risk. Shares of Canadian Solar Inc. (NASDAQ: CSIQ) tanked Thursday after the company released its fiscal third quarter results. One analyst is upbeat about the company's prospects due to an anticipated business...
-
Roth Capital Highly Concerned About JA Solar
Friday, June 3, 2016 - 9:35am | 268Read More...Upstream manufacturers could be heading into a tough 2H, given the threat of overcapacity in 3Q due to decelerating demand in China. JA Solar Holdings Co., Ltd. (ADR) (NASDAQ: JASO) could be under greater pressure, given its high exposure to China. Roth Capital Partners’ Philip Shen...
-
Trina Solar Downgraded By Roth Capital On China Concerns
Friday, June 3, 2016 - 9:15am | 290Read More...“Heading into H2’16, we are cautious on our entire group of upstream manufacturers given the threat of overcapacity in Q3 as demand in China weakens,” ROTH Capital’s Philip Shen stated. Shen downgraded the rating on Trina Solar Limited (ADR) (NYSE: TSL) to Neutral, while...
-
JinkoSolar Still A Buy, But Roth Capital Cuts Price Target
Friday, June 3, 2016 - 9:07am | 302Read More...JinkoSolar Holding Co., Ltd. (NYSE: JKS) reported its Q1 results ahead of expectations, while issuing a robust Q2 guidance. ROTH Capital’s Philip Shen maintained a Buy rating on the company, while lowering the price target from $30 to $35. “Heading into H2’16, we are...
-
Roth Offers Thoughts On ReneSola Following 'Q1 Beat And Healthy Q2 Guide'
Tuesday, May 24, 2016 - 8:36am | 308Read More...ReneSola Ltd. (ADR) (NYSE: SOL) reported its Q1 results ahead of expectations, while guiding to a better-than-anticipated Q2. Roth Capital’s Philip Shen reiterated a Neutral rating on the company, with a price target of $1.45. 1Q Results ReneSola reported a modest revenue beat for the quarter...
-
Roth Holds $19 Target On Solar City, Doesn't See Major Funding Issue This Year
Monday, May 9, 2016 - 8:18am | 346Read More...ROTH Capital’s Philip Shen believes that while SolarCity Corp (NASDAQ: SCTY) is unlikely to report a volumes miss for Q1, the company is expected to cut its full-year guidance. Shen reiterated a Neutral rating on SolarCity, with a price target of $19. Guidance Cut Likely “While the...
-
Roth Lowers First Solar's Target To $70, But Likes The Stock Long Term
Thursday, April 28, 2016 - 10:08am | 259Read More...First Solar, Inc. (NASDAQ: FSLR) reported mixed 1Q results, with the EPS ahead of expectations and revenue significantly missing the consensus forecasts. ROTH Capital’s Philip Shen maintains a Buy rating on the company, while lowering the price target from $80 to $70. Applauding the choice of...
-
8point3: Nothing But Execution
Thursday, April 7, 2016 - 10:21am | 324Read More...8Point3 Energy Partners LP (NASDAQ: CAFD) reported its FQ1 results largely in line with expectations, while announcing its FQ2 guidance below expectations, primarily driven by the timing of distributions from its affiliates. ROTH Capital’s Philip Shen reiterated a Buy rating on the company,...
-
Analysts On First Solar's Short-Term Outlook: 'Meh'
Wednesday, April 6, 2016 - 1:34pm | 744Read More...First Solar, Inc. (NASDAQ: FSLR)'s Analyst Day fell short of investor expectations, as investors were expecting the company to provide 2017 guidance as it has in the past. While 2017 guidance was not given, First Solar did provide a long-term vision that pacified Wall Street, who still remains...
-
Roth: Sky Solar Worth $8/Share After 88% Gain Last Week
Monday, April 4, 2016 - 10:15am | 251Read More...Sky Solar Holdings Ltd (ADR) (NASDAQ: SKYS) reported highly disappointing 4Q results and withdrew its full-year guidance. Roth Capital Partners’ Philip Shen maintained a Buy rating for the company, while reducing the price target from $10 to $8. Wide Q4 Miss Sky Solar delivered Q4...
-
Are More Solar Asset-Backed Securities Coming?
Monday, March 28, 2016 - 11:18am | 393Read More...Back in September of 2015, AES Distributed Energy announced a new solar asset-backed securities (ABS) offering. Together with four other similar offerings by SolarCity Corp (NASDAQ: SCTY) and Sunrun Inc (NASDAQ: RUN), the total amount of solar ABS offerings at the time had reached $560.5 million...
-
Roth Capital Shines Positive On Solar: Upgrades JA Solar, ReneSola, Enphase
Wednesday, December 16, 2015 - 3:03pm | 387Read More...Solar energy companies' shares are rallying Wednesday following the agreement by congressional leaders to extend a significant tax credit for the industry. Roth Capital gave Buy ratings across the sector for nearly all solar stocks. A Budget Deal For The Solar Industry Congressional Republican...
-
Canadian Solar Stock Worth $40 Sum-Of-The-Parts, Roth Capital Says
Monday, December 14, 2015 - 11:02am | 300Read More...Canadian Solar Inc. (NASDAQ: CSIQ) shares are down 28 percent in the last six months, and have been hovering around $23 in December. Roth Capital Partners’ Philip Shen maintained a Buy rating on the company, with a price target of $40. While management is targeting a yieldco launch...
-
SolarCity Might Miss Guidance This Quarter, New Checks Show
Monday, October 26, 2015 - 8:14am | 394Read More...SolarCity Corp (NASDAQ: SCTY) shares are down 27 percent year-to-date, and are trading close to the low end of their 52-week range of $34.65 - $63.79. Roth Capital Markets’ Philip Shen maintained a Buy rating on the company, while reducing the price target from $98 to $70. Checks...
