Goldman Sachs analyst Jacqueline Du downgraded Xinyi Solar (XNYIF) to Sell from Buy with a HK$1.90 price target The firm believes that the structural margin pressure for Tier 1 solar glass players is yet to be priced in, the analyst tells investors.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on XNYIF: