Solar stocks are weak after Jefferies lowers its outlook for the sector due to increasing wafer...

|By:, SA News Editor

Solar stocks are weak after Jefferies lowers its outlook for the sector due to increasing wafer costs and a weak pricing environment for solar panels. The firm downgrades JA Solar (JASO -4.4%), Hanwha SolarOne (HSOL -4%), Canadian Solar (CSIQ -3.3%) MEMC Electronic Materials (WFR +0.5%), and SatCon (SATC +0.1%).