Alternative energy Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Alternative energy

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jacob Snyder who wrote (9461)	12/3/2010 12:24:24 AM
From: Sam	Read Replies (1) of 16955

10:02 am Suntech Power upgraded to Buy at Auriga U.S.A; tgt raised to $11: . Auriga U.S.A upgrades STP to Buy from Hold and raises their tgt to $11 from $9 ahead of the Dec 6 Analyst Day and after the Glory Silicon acquisition announcement, they adjust their model only for the expected margin increase from in-house wafering -- and find potential to reach ~22% gross margin in 2011 vs. 4Q guidance of 17% and 2011 Consensus of ~18%. Firm says gross margin of ~20% is also the norm around which STP operated in years past. They model 25% internal wafering capabilities in 2011 to discount recent missteps in execution.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next