Electrical Components & Equipment

Citi is out with its report today on Suntech Power (NYSE: STP), lowering its PT to $6.50 from $7.50. In its report, Citi writes, "Given the utter lack of earnings power across the Tier-1 Chinese solars, we're transitioning to a multiple of TBV and now value STP at 1x TBV or $6.50 and maintain our...

Collins Stewart has downgraded Suntech Power Holdings (NYSE: STP) from Neutral to SEll and has established a $4 price target.

Citigroup has lowered the price target on Suntech Power (NYSE: STP) from $7.50 to $6.50 and maintains its Hold rating.

Piper Jaffray has lowered the price target on Suntech Power Holdings (NYSE: STP) from $6 to $4 and maintains its Underweight rating.

Wunderlich Securities has lowered the price target on First Solar (NASDAQ: FSLR) from $118 to $95 and maintains its Hold rating.

Shares of JA Solar Holdings (NASDAQ: JASO) are lower on the session by 6.32%, currently trading at $3.26. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are focusing on puts today. A short while ago the...

Shares of GrafTech International (NYSE: GTI) are higher on the session by 1.12%, currently trading at $13.57. The stock has been moving largely lower over the past two months and is currently trading below the 50-day average. Options traders are focusing on calls today. A short while ago the...

Suntech Power Holdings Co Ltd (NYSE: STP) reported a wider second-quarter loss and lowered its revenue projections for the year. Suntech reported a quarterly loss of $259.5 million, or $1.44 per American depositary share (ADS), versus a year-ago loss of $174.9 million, or $0.97 per ADS, in the year...

Maxim is out with its report today on Suntech Power Holdings (NYSE: STP), maintaining Sell. In its report, Maxim writes, "While STP delivered better-than-expected shipments and revenue, gross margin (x-1x items) of 15% trailed Street expectations by almost 300 basis points, while its outlook for...

According to Citi, Yingli Green Energy (NYSE: YGE) Hold rating is maintained. Citi said that rapid ASP declines in 2Q were unlikely to really hit the P&L until 3Q where YGE now sees ~15-19% Q/Q decline to the $1.30/W range. “Our target remains $8.50 which represents ~1x book value, and we...

This is your Benzinga news summary and traders' outlook for Monday, August 22, 2011, covering headlines from overnight and Monday's pre-market session. Today in domestic pre-market trading, U.S equity futures are trading higher. Also, the price of gold hit a new record high, as investors around...

Auriga has published a research report on SunPower Corp (NASDAQ: SPWRA) upgrading the stock. In the report, Auriga wrote, "SPWRA trades at ~18.0x our C2012 EPS estimate of $0.75, and ~9.0x our C2013 EPS estimate of $1.50. To value solar PV stocks we discount our three-year forward earnings,...

Analysts at Auriga upgraded Hewlett-Packard Company (NYSE: HPQ) from “hold” to “buy.” HPQ's shares closed at $23.60 on Friday. Hewlett-Packard's PEG ratio is 0.70. Analysts at Credit Suisse upgraded SLM Corporation (NYSE: SLM) from “neutral” to “outperform.” SLM's shares closed at $12.73 on Friday...

Pre-open movers US stock futures are higher this morning. Futures on the Dow Jones Industrial Average surged 102 points to 10,922.00 and futures on the S&P 500 stock index rose 12.70 points to 1,136.20. Nasdaq 100 futures gained 27.75 points to 2,068.75. A Peek Into Global Markets Asian...

Piper Jaffray has upgraded Yingli Green Energy (NYSE: YGE) from Neutral to Overweight and has lowered the price target from $11 to $8.