UPDATE: Goldman Sachs Downgrades Trina Solar to Neutral on Continued Caution
June 05, 2013 at 10:34 AM EDT
In a report published Wednesday, Goldman Sachs analyst Amy Song downgraded the rating on Trina Solar Limited (NYSE: TSL ) from Sell to Neutral, and lowered the price target from $4.40 to $4.00. In the report, Goldman Sachs noted, “Although Trina is trying to diversify end-market geographic exposure in 2H13,