UPDATE: Goldman Sachs Downgrades JA Solar to Sell on Unsustainable Margin Strength
June 05, 2013 at 10:44 AM EDT
In a report published Wednesday, Goldman Sachs analyst Amy Song downgraded the rating on JA Solar Holdings Co. (NASDAQ: JASO ) from Neutral to Sell, and lowered the price target from $4.50 to $4.20. In the report, Goldman Sachs noted, “We think the margin strength enjoyed by JA Solar during
