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Neoclassical Economist
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Mr. Elitzin holds a Masters Degree in Economics with a focus on Econometrics and Microeconomics. Subsequently worked as a commercial real estate analyst for 7 years. Always had a huge interest in investments and picking individual stocks. With over 15 years of investment experience, currently my... More
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  • JA Solar Downgrade
    JA Solar (JASO) was downgraded today by Jefferies (NYSE:JEF) from a “Hold” rating to an “Underperform” rating. They have a price target of $2.00 on the company, down from $4.00.

    $2.00/share seems like a low price, but in this market environment I wouldn't doubt if see $1.50 by yearend. The uncertainty in the solar industry is at the point where many investors are likely wondering which solars will be around next year. I'm certain JASO will make it through the storm but I am not going to even consider predicting where the price will go.
    Tags: JASO, Solar sector, green energy
    Sep 15 2:29 PM | Link | Comment!
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