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Fly News Breaks for September 9, 2015
YGE
Sep 9, 2015 | 09:28 EDT
Roth Capital analyst Philip Shen downgraded Yingli Green Energy to Sell from Neutral after the company issued "weak" Q3 guidance and lowered its 2015 shipment guidance substantially "despite strong market demand." Yingli is at risk for not delivering on its customers' shipment expectations and needs to sell assets to make a debt payment in October, the analyst cautions. He cut his price target for shares to 50c from $1.30.
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