Gilford Securities Reiterates Trina Solar Hold

Gilford Securities reiterated its Trina Solar TSL Hold rating in a research report published today. In the report, Gilford Securities states, "We are of the opinion that investors are significantly underestimating the potential for margin compression in 2H2011 and 1H2012 among solar panel vendors." Later in the report, Gilford Securities notes "While we strongly see Trina Solar as one of the primary survivors, a more prudent entry point would be close to $14." Shares of Trina Solar were trading at $19.17 at the time of posting, up 1.21% from Thursday's market close.