Tech Stocks Little Changed; SunPower Shines After Lazard Upgrade, Other Solar Energy Firms Also Gain

By Staff,

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Top Tech Stocks

MSFT -1.1%, just $1 above 52 week lows

AAPL -0.3%

IBM -0.2%

CSCO +0.6%

GOOG +0.6%

Technology stocks are little changed this afternoon with the S&P Technology Index falling less than 0.1%.

In company news, SunPower Corporation ( SPWR ) is up 40% after analysts at Lazard upgraded the stock to Buy from Neutral with an $11 price target, one day after the company sold its Antelope Valley solar projects in southern California to Berkshire Hathaway (BRK.A) for more than $2 billion.

Other solar-tech stocks also are higher today, including DayStar Technologies ( DSTI ); Hanwha SolarOne Co. Ltd ( HSOL ); JA Solar Holdings Co. ( JASO ); LDK Solar Co. Ltd ( LDK ); ReneSola Ltd. (SOL); Suntech Power Holdings Co. (STP); Trina Solar Ltd (TSL); and Yingli Green Energy Holding Co (YGE).

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2014 All rights reserved. Unauthorized reproduction is strictly prohibited.

This article appears in: Investing Commodities
Referenced Stocks: DSTI , HSOL , JASO , LDK , SPWR

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