Philip Shen

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...

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...

“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 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...

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 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...

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,...

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...

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...

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...

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...