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May 24, 2010 11:28 AM EDT Auriga maintains a 'Hold' rating on SunPower Corporation (Nasdaq: SPWRA) but reduces the price target from $15 to $12 due to the deterioration of the Euro. Auriga states, "We recognize SunPower's aggressive hedging efforts in 2010, which limit near-term downside to estimates, but must also recognize the significant Euro exposure starting in 2011 due to the SunRay acquisition", which causes risks to the model and estimates to fall. The firm says, "Given our view that demand for solar installations remains strong, we find little risk to owning the shares at current prices with the exception of further depreciation of the Euro." |
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| aus der Diskussion: | sunpower- der obama-gewinnler!! |
| Autor (Datum des Eintrages): | nicolani (25.05.10 13:04:06) |
| Beitrag: | 1,544 von 1,764 (ID:39578473) |
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