Piper Jaffray Reiterates Buy Rating on Yingli Green Energy (YGE) after Chinese Earthquake 9:08 AM EDT May 12, 2008 Piper Jaffray reiterates their Buy rating on Yingli Green Energy (NYSE: YGE) after learning the company s Xinguang Plant has been unaffected by the Sichuan Earthquake in China. The firm said, "We have spoken with YGE management and the company noted that Xinguang has not been affected by the earthquake and the plant is under full operation." Therefore, Piper maintains their Buy rating and $65 price target.
I am not sure if now is the time to buy although it is cheaper than before. It has had a bumpy ride.Andy (long on YGE)
Andy,I think we are on the way up on YGE but I agree I am long on this stock, also.Rob
Rob: Good luck to all of us then. I think Charles Munger made a passing comment about the need for solar at the Bershire meeting a little while ago, but that was before I started holding any BRK-b so I am not sure.Andy (long on YGE and BRK-B)
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