tiprankstipranks

Xinyi Solar initiated with a Buy at Goldman Sachs

Goldman Sachs initiated coverage of Xinyi Solar with a Buy rating and HK$4.90 price target. The analyst sees better a supply/demand dynamic for the solar glass industry and expects Xinyi to deliver sector-leading earnings growth alongside its capacity expansion.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue