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Rating: JASO
Neutral $9

Ja Solar Holdings, Co., Ltd. (NASDAQ: JASO) downgraded to Neutral with price target $9 by Roth Capital

Thursday,  May 21, 2015  8:25 AM ET by Betsy O'Brien Harrison

Roth Capital downgraded Ja Solar Holdings, Co., Ltd. (NASDAQ: JASO) to Neutral with price
target $9. Previously Roth Capital downgraded to Ja Solar Holdings, Co., Ltd. (NASDAQ: JASO) to Buy with price target $15 on 03/07/2014, when the stock price was $10.97.

JA Solar Holdings Co., Ltd. (JA Solar) is engaged in the development, production and marketing of photovoltaic (PV) solar cells, which convert sunlight into electricity, in the People's Republic of China (PRC). Its solar cells are assembled and integrated into solar modules and systems that convert sunlight into electricity through a process known as the photovoltaic effect. Substantially all of the Company's business is conducted through the operating subsidiaries, JingAo Solar Co., Ltd. (JA Hebei), Shanghai JA Solar PV Technology Co., Ltd. (JA Zhabei) and JA Solar Technology Yangzhou Co., Ltd. (JA Yangzhou), in which the Company indirectly holds a 100% interest. JA Solar also produces and sells monocrystalline and multicrystalline solar cells.

ROTH researches emerging growth equities in the media, technology, telecommunications, healthcare, consumer, energy and industrial sectors. The research is focused on companies with market capitalization of between $100 million - $1 billion. Our coverage universe includes approximately 180 small cap growth companies around the globe including several companies from China. With an average market cap of approximately $500 million, our objective is to identify rapidly growing companies with significant long term growth prospects.



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