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Solar: Suntech, LDK Upgraded By Lazard Capital

in News on January 15, 2009 at 2:48 pm PT

Lazard Capital solar analyst Sanjay Shrestha today raised his ratings on both Suntech and LDK Solar. Shrestha writes today that ASPs in the solar sector “are beginning to stabilize.” He notes that limited access to capital throughout the solar value chain has caused widespread cancellations or decreases in capacity expansion plans.