Cowen expects that Germany's plans to accelerate and deepen FIT cuts will result in further...

|By:, SA News Editor

Cowen expects that Germany's plans to accelerate and deepen FIT cuts will result in further industry ASP pressures. As a result, the firm cuts a number of solar names: First Solar (FSLR -1.4%), SunPower (SPWR -5.3%), Suntech (STP +1.3%), and Trina Solar (TSL -3.3) are all downgraded to Neutral from Outperform.