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Fly News Breaks for December 16, 2015
JASO, SOL
Dec 16, 2015 | 09:41 EDT
Roth Capital analyst Philip Shen upgraded ReneSola (SOL) to Buy citing the potential for an ITC extension. An extension could drive higher U.S. volumes for ReneSola as well as opportunities to expand its project business in the market, Shen tells investors in a research note. He raised his price target for shares to $1.70 from $1.29. Shen also upgraded JA Solar (JASO) this morning for similar reasons.