From NWI

Morgan Stanley upgrades Trina Solar Limited Sponsored ADR (Cayman Islands) (TSL) to Overweight with Price Target $11.70.

Brokerage firm Morgan Stanley Upgrades its rating on Trina Solar Limited Sponsored ADR (Cayman Islands)(NYSE:TSL). As per the latest information, Morgan Stanley Lowers the price target to $11.70 per share from a prior target of $12.60. The shares have been rated Overweight. Previously, the analysts had a Equal-weight rating on the counter. The rating by Morgan Stanley was issued on Nov 10, 2015.

Institutional Investors own 75.52% of Trina Solar Limited shares.

The company shares have rallied 2.63% from its 1 Year high price. On Apr 29, 2015, the shares registered one year high at $13.33 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $10.02 and the 200 Day Moving Average price is recorded at $10.67.Trina Solar Limited is up 2.76% in the last 3-month period. Year-to-Date the stock performance stands at 4.54%.”

Trina Solar Limited (NYSE:TSL) stock has received a short term price target of $ 15.03 from 6 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $1.8. The higher estimate of target price is $18 , while the lower price target estimate is $13

Trina Solar Limited (NYSE:TSL) witnessed a decline in the market cap on Tuesday as its shares dropped 5.1% or 0.52 points. After the session commenced at $10.2, the stock reached the higher end at $10.31 while it hit a low of $9.51. With the volume soaring to 3,670,811 shares, the last trade was called at $9.68. The company has a 52-week high of $13.33. The company has a market cap of $892 million and there are 92,123,967 shares in outstanding. The 52-week low of the share price is $7.15.

Trina Solar Limited (Trina Solar) is an integrated solar-power products manufacturer based in China with a global distribution network covering Europe, North America and Asia. The Company produces standard monocrystalline photovoltaic (PV) modules ranging from 165 Watts to 185 Watts in power output and multicrystalline PV modules ranging from 215 Watts to 240 Watts in power output. Trina sells and markets its products worldwide, including in a number of European countries, such as Germany, Spain and Italy. The Company sells products to distributors, wholesalers, power plant developers and operators and PV system integrators, including Proysectos Integrales Solares S.L., Enerl S.r.l., Enerray S.p.A., Phoenix Solar AG and TRE Tozzi Renewable Energy. In March 2014, the Company sold its 50 mega-watts Solar Power Plant in Wuwei, Gansu province to Huadian Fuxin Energy Corp.

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