EdgeWater 12/8/2010 3:10:33 AM
News / Business

Notable Stock Upgrades (STP, TSL, GFI, AUY)

Notable Stock Upgrades

Suntech Power Holdings Co., Ltd. (ADR) (NYSE:STP) slid 0.44% to $9. Goldman Sachs upgraded Suntech Power from Sell to Neutral with a $9 price target, suggesting 9% upside.  

The stock has average daily volume of 4.09 million shares. At current market price, the market capitalization of the company stands at $1.62 billion.

Trina Solar Limited (ADR) (NYSE:TSL) is 2.11% higher to $24.66. The 52-week range of the stock is $14.85-$31.89. Goldman Sachs upgraded Trina Solar from Neutral to Buy with a $30 price target, suggesting 27% upside.

The stock opened at $24.83 and is trading within the range of $24.12-$24.88.

Gold Fields Limited (ADR) (NYSE:GFI) lost 1.05% to $17.94 after it made its fresh 52-week high of $18.34. HSBC upgraded Gold Fields from Neutral to Overweight. The price target was increased from $18 to $23.

The stock has average daily volume of 4.18 million shares.

Yamana Gold Inc. (USA) (NYSE:AUY) slid 0.24% to $12.66 after it made its new one-year high of $13.13. RBC Capital upgraded Yamana Gold from Sector Perform to Outperform. The price target was increased on the stock from $14 to $18.

The stock opened at $13.06 and is trading within the range of $12.52-$13.13.

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