First Solar Could Gain Market share, JP Morgan Sees Catalyst for VeriFone, Stifel Reduces Computer Sciences Target
First Solar, Inc.(NASDAQ:FSLR): ThinkEquity believes that the U.S. Department of Commerce could announce punitive tariffs on Chinese c-Si solar cells and modules on March 5. The firm believes that such a ruling could negatively impact the Q1 sales of Chinese solar OEMs, or cause these companies’ COGs to increase. Conversely, First Solar (NASDAQ:FSLR) and SunPower (SPWR) would likely gain market share if a tariff is imposed, the firm adds.
Computer Sciences Corporation(NYSE:CSC): Stifel Nicolaus reduced its target on CSC as the firm believes that several factors are limiting the company’s visibility. The firm lowered its estimates and “has a modestly lower bias” going into the company’s Q3 earnings report on February 8, but maintains a Buy rating.
Peabody Energy Corp.(NYSE:BTU): After several factors caused Peabody’s stock to drop over the last few months, Gabelli believes that the company has a number of significant growth opportunities and the firm maintains a $62 target and Buy rating on the stock.
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