Wunderlich Maintains Buy on GT Solar International

Wunderlich is out with its report today on GT Solar International SOLR, maintaining Buy. In a note to clients, Wunderlich writes, "GT Solar is set to report May 24. We expect the company to exceed consensus estimates. Recent news reports suggest SOLR could be an acquisition target and we agree. It is exceptionally profitable and has a large and growing backlog. Our DCF yields a $16 target. We continue to rate SOLR shares Buy." At the time of posting, shares of SOLR were trading pre-market at $12.25, down 0.57% from Friday's close.