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Solar Stocks of the Week: ASTI, DSTI, SOL, WFR, ESLR (9/21-9/25)

"Strong Buy" Rated U.S.-Listed Chinese Stocks (February 8, 2012)

By Michael Liu

Below are last week's notable solar stocks that had BOTH significant price changes and news events:

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Ascent Solar Technologies, Inc. (NASDAQ:ASTI) rose 30.93% to $8.17. The company announced Tuesday before market open that it had signed a direct supply agreement with Goal Zero LLC. Raymond James maintained Market Perform rating on ASTI. Rodman & Renshaw maintained Market Outperform rating and $10 price target on ASTI.

DayStar Technologies Inc. (NASDAQ:DSTI) rose 18.00% to $0.72. On Tuesday, Cantor Fitzgerald maintained Buy rating and $5 price target on DSTI.

ReneSola Ltd. (NYSE:SOL) declined 10.33% to $5.38. On Friday, Goldman Sachs downgraded the company's London-listed shares to Neutral.

MEMC Electronic Materials, Inc. (NYSE:WFR) declined 8.71% to $17.29. On Tuesday, UBS maintained Buy rating and $22 price target on WFR.

Evergreen Solar, Inc. (NASDAQ:ESLR) declined 1.06% to $1.86. On Thursday, Citigroup maintained Hold rating and $3 price target on ESLR. Wedbush Morgan reiterated Underperform rating on ESLR.

Visit our Solar Stocks of the Day, Solar News, and Solar Investors' Recources channels for more breaking news on solar stocks.

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