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Enter Symbol:
Evergreen Solar Inc. (ESLR) [hlAlert]

Neutral ESLR
down 44.64 %

Evergreen Solar, Inc. (ESLR) downgraded to Neutral by JP Morgan

Posted on: Tuesday,  Mar 9, 2010  8:25 AM ET by JP Morgan

JP Morgan rated Neutral Evergreen Solar, Inc. (OTCBB: ESLRQ) on 03/09/2010. Previously JP Morgan rated Overweight Evergreen Solar, Inc. (OTCBB: ESLRQ) on
07/02/2009., when the stock price was $2.24. Since then, Evergreen Solar, Inc. has lost 44.64% as of 03/09/2010's recent price of $1.24.
If you would have followed the previous JP Morgan's recommendation on ESLRQ, you would have lost 44.64% of your investment in 250 days.

Evergreen Solar Inc. develops, manufactures and markets solar power cells, panels and systems that provide reliable and environmentally clean electric power throughout the world. The company's sales are composed of primarily solar panels. The company is preparing to begin large-scalemanufacturing of its solar power products in its manufacturing facility. The company believes the proprietary and patented solar power technologiesthat the company has developed and are currently developing will give the company significant cost and product design advantages.

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.
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(*) Stock Price at the time of the recommendation.
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