LDK Solar (LDK) Analyst Round-Up

Lazard said it is not time yet to load up on LDK Solar (NYSE: LDK) and suggests to stay on the sideline. Lazard also said there was a large increase LDK's inventory and management was very cryptic on the call. Lazard is not recommending to buy LDK because of the aforementioned inventory and margin concerns.

Piper Jaffray maintained its negative stance with its Sell rating on LDK and it also lowered its price target from $34.50 to $27. Piper said there was a lack of management clarity on the call.

However, Needham came in and said LDK Solar is undervalued and it reiterates its Strong Buy on LDK.

To sum up, LDK Solar's Q4 revenue and EPS exceeded estimates, but it looks like these firms wanted LDK's management to give more color on the call. Also, it appears that both Lazard and Piper are concerned with margins compressing in the future because of inventory and competition.

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