Information Provided By:
Fly News Breaks for August 5, 2016
JKS
Aug 5, 2016 | 08:39 EDT
Roth Capital analyst Philip Shen downgraded JinkoSolar to Neutral from Buy and lowered his price target on the shares to $18 from $30. The analyst believes the softening demand in major solar markets and increasing cell/module capacity in 2016 is creating an oversupply situation that could persist for 1.5 years. Shen expects a supply/demand imbalance to accelerate ASP declines and put pressure on JinkoSolar's margins and earnings ahead.
News For JKS From the Last 2 Days
There are no results for your query JKS
I agree to the thefly.com's disclaimer & terms of use
About Privacy Terms of Use

© 1996-2018 TheStreet, Inc., 14 Wall Street, 15th Fl, NY, NY 10005

Need Help? Contact Customer Service

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data & Company fundamental data provided by FactSet. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by FactSet Digital Solutions Group.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

FactSet calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.