MEMC Electronic Materials (WFR) +6.5% premarket after Goldman Sachs upgrades shares to Buy from...

|By:, SA News Editor

MEMC Electronic Materials (WFR) +6.5% premarket after Goldman Sachs upgrades shares to Buy from Hold with a $6.50 price target (from $4), favoring WFR's "unique sum-of-the-parts story" which implies a near-free call option on solar given a steady-growth, cash-flow positive semiconductor segment the firm estimates to be worth $5/share on its own.