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SunPower Escapes $200M In Tariffs, Notches Upgrade From BofA
Thursday, October 4, 2018 - 11:10am | 392Solar panel manufacturer SunPower Corporation (NASDAQ: SPWR) was granted a tariff exemption for its made-in-Mexico panels, leading Bank of America Merrill Lynch to drop its bearish thesis. The Analyst BofA's Julien Dumoulin-Smith upgraded SunPower from Underperform to Neutral with a...
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Height Securities Expects Rollback Of Solar Tariff Amid Global Challenges
Thursday, February 15, 2018 - 3:44pm | 463The international solar community is in an uproar over a hefty import tax the U.S. Customs and Border Protection agency enacted in January on crystalline silicon photovoltaic cells. The pushback might just change minds in Washington, D.C., according to Height Securities. “We continue to...
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Oppenheimer's Bullish Stance On SunPower No Longer Applies
Thursday, February 15, 2018 - 12:01pm | 357SunPower Corporation (NASDAQ: SPWR) reported Wednesday its fourth quarter results, which beat expectations on the top-and-bottom line. Management did highlight concerns with President Donald Trump's tariffs on imported solar panels. The Analyst Oppenheimer's Colin Rusch downgraded...
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Chardan: Solar Decision Removes Uncertainty For Sunworks Investors
Tuesday, January 23, 2018 - 12:06pm | 365President Donald Trump's administration imposed a 30 percent tariff on all solar equipment made outside of the U.S., a move intended to support domestic solar players, including Sunworks Inc (NASDAQ: SUNW). The Analyst Chardan's James McIlree comments on Sunworks' stock. The Thesis...
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Whirlpool, First Solar Among The Biggest Winners From Trump Tariff Decision
Tuesday, January 23, 2018 - 9:03am | 554The Trump administration Monday afternoon announced so-called "safeguard" tariffs on foreign imports of washer machines and solar cells and modules. While the move is intended to protect domestic manufacturers, Nobel laureate Joseph Stiglitz told Bloomberg, "You can't build...
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JinkoSolar Over Everyone Else? How Morgan Stanley Is Playing Chinese Solar Stocks
Tuesday, November 10, 2015 - 1:54pm | 623Shares of JinkoSolar Holding Co., Ltd. (NYSE: JKS) have gained more than 16 percent year-to-date, despite Tuesday's near 10 percent decline. Analysts at Morgan Stanley named JinkoSolar as a top pick within the China solar space. JinkoSolar is expected to expand its margin profile in...
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Tariffs Worse Than Previously Thought, Net Negative For Chinese Solar, Roth Capital Says
Friday, July 10, 2015 - 10:09am | 426In a report published Thursday, Roth Capital Partners analyst Philip Shen discussed the Department of Commerce's final results of its administrative review of 2012 solar related tariffs in which duties came in "much worse than expected" at 30.6 percent versus prior expectations of...