JA Solar Holdings (JASO) Tops Q2 EPS by 15c
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Roth Capital Trims PT on JA Solar (JASO) to $8 Following Weak Q3 Guide
August 12, 2015 8:52 AM EDTRoth Capital affirmed JA Solar (Nasdaq: JASO) with a Neutral rating and trimmed its price target from $9 to $8 following the company's Q2 results and outlook issued Tuesday night.
Analyst Philip Shen noted that Q2 results were driven by strong shipment volumes coupled with improved margins. However, weak Q3 outlook and lowered FY15 downstream shipment expectations tempered enthusiasm.
Shen commented, Notably, management indicated the... More
