1 posts and columns on Jesse Pichel

Evergreen Solar: Piper Downgrades, Cuts Target

in News on February 6, 2009 at 10:54 am PT

Piper Jaffray’s Jesse Pichel chopped his target price for Evergreen Solar in half this morning, from $5 to $2.50, after disappointing Q4 results. His cautious approach is also a result of what he sees as a possible lack of resources to execute expansion and outsourcing plans in Asia.