More on Citi's upgrade of SunPower (SPWR +11.4%) and Yingli (YGE +9.3%): Analyst Timothy Arcuri...
Tuesday, May 1, 2012, 10:41 AM ETMore on Citi's upgrade of SunPower (SPWR +11.4%) and Yingli (YGE +9.3%): Analyst Timothy Arcuri says checks indicate sell-through for solar panels "has increased significantly in the past 1-2 weeks," particularly in struggling Europe, and utilization rates have also risen. He sees this as a sign of a "cyclical bottom in margins," and predicts demand will exceed supply later this year. In late August, Arcuri smartly called a bottom for the chip equipment industry. (also)
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