North Coast Solar Stocks

April 30, 2009

AmTech Research upgrades Sunpower to buy

Filed under: SPWR — Tags: , , , — Jason @ 11:13 am

April 30, 2009, 11:59AM EST

AmTech Research upgrades Sunpower (SPWRA, SPWRB) to buy from neutral. The firm notes that despite expected weakness in near-term demand, they believe the risk/reward in SPWR has now become favorable following the removal of two key overhangs. The firm believes increased legislative support coupled with an improving financing environment will lead to a return to growth in 2010, and SPWR will be well-situated to benefit through industry leading technology and exposure to the U.S. market.


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