Evergreen Solar rises 9% on analyst upgrade
Shares of Evergreen Solar Inc. (Nasdaq:ESLR) got a 9% boost this morning after RBC Capital Markets upgraded its stock to “sector perform” from “underperform.”
On Sept. 17, Citigroup also upgraded the stock to “hold” from “sell.”
Marlboro, Mass.-based Evergreen Solar, Inc. develops, manufactures, and markets solar power products primarily in Europe and the United States.
By mid-day, the stock is at $6.30, up $0.55 from Tuesday’s close. Shares have ranged between $3.30 and $18.85 during the past 52 weeks.
For detailed price information and news stories on Evergreen Solar, click ESLR.
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