Last week, I wrote an article discussing the potential negative impact of Italy’s GSE announcement on the solar stocks. Although most of the solar stocks have reacted negatively to the news, Wall Street analysts still seem to be divided into two camps on the validity and potential impact of this announcement.
While most of the analysts believe this data will have a negative impact on stocks (and they are right so far), analysts from Jefferies (JEF) and Piper Jaffray (PJC) don’t think the pain is justified and stocks should recover once sanity prevails. While the analyst from Jefferies has questioned the validity of the data from GSE, Piper Jaffary’s analyst thinks even if the data is true it’s a positive for the stock and not negative.
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