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Fly News Breaks for August 12, 2015
JASO
Aug 12, 2015 | 07:26 EDT
RBC Capital believes that JA Solar reported strong Q2 results. The firm thinks that the company's margins can expand in 2H15, based on its outlook for stable ASPs and declining costs. RBC cut its price target on the name to $10 from $13 based on the company's pending going private offer. However, it keeps an Outperform rating on the shares.
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