Solar Stocks In news: Trina Solar (NYSE:TSL), JA Solar Holdings (NASDAQ:JASO), Altera Corporation (NASDAQ:ALTR), Cirrus Logic (NASDAQ:CRUS)

Posted by on Feb 25, 2014

THiNKnrg Installs One of the Largest Solar Rooftops in Palo Alto at the Oshman Family JCC Using Trina Solar Limited (ADR) (NYSE:TSL)’s Trina smart Modules. 397.5 kW rooftop solar installation to save JCC over $1.5 million over 20 years, reducing carbon footprint of LEED certified campus over 9,500 tons. Trina Solar Limited (ADR) (NYSE:TSL) stock opened at $14.80 in last trading session, and closed at $15.06, trading in the range of $14.64 – $15.23. The stock showed a positive weekly performance of 1.89%.

JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) stock has an average recommendation of Hold with an average target price $10.50. JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) shares closed at $10.37 on last trade day, by gaining 3.70%. Stock 52 week range is $3.37 – $12.80. Company’s market capitalization is $83.89 million.

Altera Corporation (NASDAQ:ALTR) announced its Interlaken intellectual property (IP) core has been qualified and selected for production shipments in Brocade® MLX® Series multi-terabit core routers for use in datacenters. The Interlaken IP is implemented on a Stratix® V FPGA and helps enable Brocade routers to rapidly and efficiently scale cloud-optimized networks. Using Altera FPGAs and IP to scale cloud-optimized networks allows businesses to manage high volumes of network data and make real-time decisions based on the results. Altera Corporation (NASDAQ:ALTR) stock finished the last session at $35.91. The EPS of the stock remained 1.36. Company’s market capitalization is $11.40 million.

Zacks downgraded shares of Cirrus Logic (NASDAQ:CRUS) from an outperform rating to a neutral rating in a report issued on Wednesday, American Banking and Market News reports. They currently have $22.50 target price on the stock. Cirrus Logic, Inc. (NASDAQ:CRUS) stock opened at $18.06 in last trading session and closed at $18.40. The 52 week range of the stock is $16.46 – $25.92 and the day range was $18.06 – $18.51.

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