China Mass Media (CMM) (CCM) (XUE) (WHR) (CSC) (JKS) (TSL) Biggest NYSE Losers

China Mass Media (NYSE:CMM), Concord Medical Services Holding Ltd (NYSE:CCM), Xueda Education (NYSE:XUE), Whirlpool Corporation (NYSE:WHR), Computer Sciences (NYSE:CSC), JinkoSolar Holding Co., Ltd. (NYSE:JKS) and Trina Solar (NYSE:TSL) were the biggest losers on the NYSE Tuesday.

China Mass Media (CMM) ended the session down 76.84 percent, closing at $5.48. They traded in a range of $1.49 to $8.00. A total of 839,911 shares changed hands.

Concord Medical Services Holding Ltd (CCM) ended the session down 10.03 percent, closing at $3.05. They traded in a range of $3.03 to $3.45. A total of 100,108 shares changed hands.

Xueda Education (XUE) ended the session down 9.25 percent, closing at $3.63. They traded in a range of $3.55 to $4.02. A total of 177,642 shares changed hands.

Whirlpool Corporation (WHR) ended the session down 8.81 percent, closing at $46.68. They traded in a range of $46.56 to $50.34. A total of 3,760,895 shares changed hands.

Computer Sciences (CSC) ended the session down 8.72 percent, closing at $24.17. They traded in a range of $23.93 to $24.99. A total of 2,471,695 shares changed hands.

JinkoSolar Holding Co., Ltd. (JKS) ended the session down 7.21 percent, closing at $5.15. They traded in a range of $5.10 to $5.57. A total of 253,912 shares changed hands.

Trina Solar (TSL) ended the session down 5.87 percent, closing at $7.06. They traded in a range of $7.04 to $7.50. A total of 993,888 shares changed hands.

JinkoSolar (JKS) (LYB) (NFLX) (PWRD) (SMTC) Price Targets Changed

JinkoSolar Holding Co., Ltd. (NYSE: JKS), LyondellBasell (NYSE: LYB), Netflix, Inc. (NASDAQ: NFLX), Perfect World Co. Ltd (NASDAQ: PWRD) and Semtech (NASDAQ: SMTC) had their price targets adjusted by analysts.

JinkoSolar Holding Co., Ltd. (JKS) had its price target lowered by Deutsche Bank (NYSE:DB) to $6.00.

LyondellBasell (LYB) had its price target lowered by Morgan Stanley (NYSE:MS) to $45.00. They have a “Sell” rating on the company.

Netflix, Inc. (NFLX) had its price target lowered by Caris & Company from $77.00 to $59.00. They have a “Below Average” rating on the company.

Perfect World Co. Ltd (PWRD) had its price target lowered by Piper Jaffray (NYSE:PJC) to $32.00.

Semtech (SMTC) had its price target lowered by Morgan Keegan to $30.00.

JinkoSolar (JKS) (INTU) (KH) (KKPNY) (LCAPA) Ratings, Price Targets

JinkoSolar Holding Co., Ltd. (JKS), Intuit Inc. (INTU), China Kanghui Holdings (KH), Koninklijke KPN (KKPNY) and Liberty Media Capital (LCAPA) ratings and price targets.

Deutsche Bank (NYSE:DB) lowered its price target on JinkoSolar Holding Co., Ltd. (JKS) to $6.00.

ThinkEquity initiated coverage on Intuit Inc. (INTU). They placed a “Buy” rating and a price target of $62.00 on the company.

Oppenheimer initiated coverage on China Kanghui Holdings (KH). They placed an “Outperform” rating and a price target of $20.00 on the company.

Citigroup (NYSE:C) downgraded Koninklijke KPN (KKPNY) from a “Buy” rating to a “Sell” rating.

Citigroup downgraded Liberty Media Capital (LCAPA) from a
“Buy” rating to a “Neutral” rating. They have a price target of $86.50 on the company.

JinkoSolar (JKS) (FDX) (JCP) (LONG) (FIS) (GNC) Price Targets Changed

JinkoSolar Holding Co., Ltd. (NYSE: JKS), FedEx (NYSE: FDX), J.C. Penney Company, Inc. (NYSE: JCP), eLong, Inc. (NASDAQ: LONG), Fidelity National Information Services (NYSE: FIS) and GNC Corp. (NYSE: GNC) had price targets on them adjusted by analysts.

JinkoSolar Holding Co., Ltd. (JKS) had its price target lowered by Collins Stewart from $8.00 to $6.00. They have a “Neutral” rating on the company.

FedEx (FDX) had its price target raised by Citigroup (NYSE:C) to $95.00. They have a “Buy” rating on the company.

J.C. Penney Company, Inc. (JCP) had its price target raised by Citigroup to $41.00.

eLong, Inc. (LONG) had its price target lowered by Brean Murray from $22.00 to $20.00. They have a “Buy” rating on the company.

Fidelity National Information Services (FIS) had its price target lowered by Oppenheimer to $32.00. They have an “Outperform” rating on the company.

GNC Corp. (GNC) had its price target raised by Goldman Sachs (NYSE:GS) to $29.00. The analysts now have a “neutral” rating on the company.

JinkoSolar (JKS) (ITYBY) (LONG) (JCP) (K) Ratings, Price Targets

JinkoSolar Holding Co., Ltd. (JKS), Imperial Tobacco Group (ITYBY), eLong, Inc. (LONG), J.C. Penney Company, Inc. (JCP) and Kellogg (K) ratings and price targets.

Collins Stewart lowered its price target on JinkoSolar Holding Co., Ltd. (JKS) from $8.00 to $6.00. They have a “Neutral” rating on the company.

Goldman Sachs (NYSE:GS) downgraded Imperial Tobacco Group (ITYBY) from a “Neutral” rating to a “Sell” rating.

Brean Murray lowered its price target on eLong, Inc. (LONG) from $22.00 to $20.00. They have a “Buy” rating on the company.

Citigroup (NYSE:C) raised its price target on J.C. Penney Company, Inc. (JCP) to $41.00.

Sanford C. Bernstein downgraded Kellogg (K) from an “Outperform” rating to a “Market Perform” rating.

JinkoSolar (JKS) (FFIV) (FST) (LTD) (LULU) (NTGR) Price Targets Changed

JinkoSolar Holding Co., Ltd. (NYSE: JKS), F5 Networks (NASDAQ: FFIV), Forest Oil Co. (NYSE: FST), Limited Brands (NYSE: LTD), Lululemon (NASDAQ: LULU) and NetGear Inc. (NASDAQ: NTGR) had price targets on them adjusted by analysts.

JinkoSolar Holding Co., Ltd. (JKS) had its price target lowered by Deutsche Bank (NYSE:DB) to $7.00.

F5 Networks (FFIV) had its price target raised by Deutsche Bank from $110.00 to $125.00. They have a “Buy” rating on the company.

Forest Oil Co. (FST) had its price target raised by Barclays Capital from $15.00 to $18.00. They have an “Overweight” rating on the company.

Limited Brands (LTD) had its price target raised by Barclays Capital from $43.00 to $46.00. They have an “Equal Weight” rating on the company.

Lululemon (LULU) had its price target raised by Barclays Capital from $54.00 to $58.00. They have an “Equal Weight” rating on the company.

NetGear Inc. (NTGR) had its price target raised by Deutsche Bank from $35.00 to $42.00. The have a “Buy” rating on the company.

Torch (TRU) (JKS) (JMP) (IOC) (MGI) (FC) Biggest NYSE Losers Monday

Torch Energy Royalty (TRU), JinkoSolar Holding Co., Ltd. (JKS), JMP Group Inc. (JMP), InterOil (IOC), MoneyGram International, Inc. (MGI) and Franklin Covey Co. (FC) were the biggest losers on the NYSE Monday, November 14.

Torch Energy Royalty (TRU) ended the day down 13.98 percent, while closing at $4.80. They traded in a range of $4.50 to $5.58. A total of 89,649 shares changed hands.

JinkoSolar Holding Co., Ltd. (JKS) ended the day down 13.02 percent, while closing at $6.75. They traded in a range of $6.63 to $7.39. A total of 951,737 shares changed hands.

JMP Group Inc. (JMP) ended the day down 10.20 percent, while closing at $6.60. They traded in a range of $6.51 to $7.38. A total of 72,427 shares changed hands.

InterOil (IOC) ended the day down 9.77 percent, while closing at $45.52. They traded in a range of $42.29 to $50.41. A total of 945,581 shares changed hands.

MoneyGram International, Inc. (MGI) ended the day down 9.06 percent, while closing at $2.61. They traded in a range of $2.56 to $2.84. A total of 662,763 shares changed hands.

Franklin Covey Co. (FC) ended the day down 8.30 percent, while closing at $8.40. They traded in a range of $8.28 to $9.06. A total of 28,879 shares changed hands.

JinkoSolar (JKS) (HAS) (JBHT) (HOLX) (INSM) Price Targets Changed

JinkoSolar Holding Co., Ltd. (NYSE: JKS), Hasbro, Inc. (NYSE: HAS), J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT), Hologic, Inc. (NASDAQ: HOLX) and Insmed Incorporated (NASDAQ: INSM) had price targets on them adjusted by analysts.

JinkoSolar Holding Co., Ltd. (JKS) had its price target lowered by Collins Stewart to $8.00.

Hasbro, Inc. (HAS) had its price target lowered by KeyBanc to $51.00. They have a “Buy” rating on the company.

J.B. Hunt Transport Services, Inc. (JBHT) had its price target lowered by Piper Jaffray (NYSE:PJC) from $59.00 to $53.00. They have an “Overweight” rating on the company.

Hologic, Inc. (HOLX) had its price target lowered by RBC Capital from $25.00 to $17.00. They have a “Top Pick” rating on the company.

Insmed Incorporated (INSM) had its price target lowered by Wedbush from $15.00 to $9.00. They have an “Outperform” rating on the company.

JinkoSolar (JKS) (CPT) (HXL) (CX) (HIW) (EZCH) (FRX) Downgraded

JinkoSolar Holding Co., Ltd. (NYSE: JKS), Camden Property Trust (NYSE: CPT), Hexcel Co. (NYSE: HXL), Cemex SAB de CV (NYSE: CX), Highwoods Properties (NYSE: HIW), EZchip (NASDAQ: EZCH) and Forest Laboratories, Inc. (NYSE: FRX) downgraded by analysts.

JinkoSolar Holding Co., Ltd. (JKS) was downgraded by Collins Stewart from a “Neutral” rating to a “Sell” rating. They have a price target $10.00 on the company, down from $24.00.

Camden Property Trust (CPT) was downgraded by UBS AG (NYSE:UBS) from a “Buy” rating to a “Neutral” rating.

Hexcel Co. (HXL) was downgraded by UBS AG from a “Neutral” rating to a “Sell” rating.

Cemex SAB de CV (CX) was downgraded by HSBC (NYSE:HBC) from a “Neutral” rating to an “Underweight” rating. They have a price target of $3.40 on the company, down from $8.20.

Highwoods Properties (HIW) was downgraded by Stifel Nicolaus from a “Buy” rating to a “Hold” rating.

EZchip (EZCH) was downgraded by Auriga from a “Buy” rating to a “Hold” rating. They have a price target of $37.00 on the company, down from $39.00.

Forest Laboratories, Inc. (FRX) was downgraded by Goldman Sachs (NYSE:GS) from a “Neutral” rating to a “Sell” rating. They have a price target of $33.00 on the company.

JinkoSolar (JKS) (DELL) (NTAP) (DV) (GXP) (MDT) (NRG) Price Targets Changed

JinkoSolar Holding Co., Ltd. (NYSE: JKS), Dell Inc. (NASDAQ: DELL), NetApp Inc. (NASDAQ: NTAP), DeVry Inc. (NYSE: DV), Great Plains Energy (NYSE: GXP), Medtronic, Inc. (NYSE: MDT) and NRG Energy, Inc. (NYSE: NRG) price targets adjusted by analysts.

JinkoSolar Holding Co., Ltd. (JKS) had its price target lowered

by Collins Stewart from $28.00 to $24.00. They have a “Buy” rating on the company.

Dell Inc. (DELL) had its price target raised by UBS AG (NYSE:UBS) to $19.00. They have a “Buy” rating on the company.

NetApp Inc. (NTAP) had its price target lowered by RBC Capital from $71.00 to $61.00. They have an “Outperform” rating on the company.

DeVry Inc. (DV) had its price target lowered by Citigroup (NYSE:C) to $64.00. They have a “Buy” rating on the company. They cited valuation as the catalyst behind the call.

Great Plains Energy (GXP) had its price target lowered by Wunderlich from $21.00 to $20.00. They have a "Buy” rating on the company.

Medtronic, Inc. (MDT) had its price target lowered by Citigroup to $40.00. They have a “Buy” rating on the company.

NRG Energy, Inc. (NRG) had its price target raised by Goldman Sachs (NYSE:GS) to $26.00. They have a “Neutral” rating on the company.

JinkoSolar (JKS) (KGC) (KOS) (PAG) (QEP) Get New Coverage

JinkoSolar Holding Co., Ltd. (NYSE: JKS), Kinross Gold Corp (NYSE: KGC), Kosmos Energy Ltd (NYSE: KOS), Penske Automotive (NYSE: PAG) and QEP Resources (NYSE: QEP) have received new coverage from analysts.

Pacific Crest initiated coverage on JinkoSolar Holding (JKS). They placed an “outperform” rating on the company.

HSBC launched coverage on Kinross Gold Corp. (KGC). They placed an “overweight” rating on the company.

Howard Weil started covering Kosmos Energy Ltd (KOS). They placed an “outperform” rating and a price target of $21.00 on the company.

ThinkEquity initiated coverage on Penske Automotive (PAG). They placed a “buy” rating on the company.

Jefferies (NYSE:JEF) initiated coverage on QEP Resources (QEP). They placed a “Buy” rating and a price target of $52.00 on the company.

SunPower (SPWRA) Slashed by Baird on Changing Solar Industry

With the solar industry under pressure from falling subsidies, increasing competition and energy policy changes in Italy, Baird analyst J. Michael Horwitz Jr. downgraded SunPower (NASDAQ:SPWRA) from "Outperform" to "Neutral."

Falling solar module prices will probably result in the entire solar industry struggling for some time.

Horwitz said concerning Sunpower that the policy changes and oversupply will more than likely hold down the share price of the company over the short term. He lowered his price target on the solar company to $19.

In Horwitz' opinion Sunpower will have to lower its manufacturing costs in order to sustain margins at its current level.

He sees the recent $1.3 billion investment by Total in Sunpower as helping them to maintain a strong balance sheet at this time.

Goldman Sachs (NYSE:GS) recently stated they prefer First Solar (NASDAQ:FSLR) over Sunpower at this time, advising clients to sells their shares in Sunpower. Goldman sees the balance sheet of First Solar as much healthier than Sunpower. They don't see Sunpower as being able to make the required cuts in costs to maintain margins.

Goldman has a mixed outlook on the solar industry going forward, seeing it being weak for the next year or so on shrinking subsidies and tariffs being cut.

They reiterated a "Buy" rating on Trina Solar (NYSE:TSL) Friday, and boosted their rating on JinkoSolar Holding (NYSE:JKS) from "Sell" to "Buy." On ReneSola (NYSE:SOL) Goldman lowered its rating from "Neutral" to "Sell." They also downgraded the rating of Yingli Green Energy from "Neutral" to "Sell."

SunPower was trading at $19.69, falling $0.17, or 0.86 percent, as of 10:54 EDT. Trina Solar was at $20.08, down $0.43, or 2.10 percent. First Solar was at $129.25, dropping $3.35, or 2.53 percent. JinkoSolar was trading at $25.07, declining $0.52, or 2.03 percent. Renesola was at $4.64, falling $0.13, or 2.73 percent.

Price Targets on (JKS) (NTES) (RRGB) (SORL) Updated

Price targets on shares of JinkoSolar Holding Co., Ltd. (NYSE: JKS), Netease.com Inc (NASDAQ: NTES), Red Robin Gourmet Burgers Inc (NASDAQ: RRGB) and Sorl Auto Parts, Inc. (NASDAQ: SORL) were updated by analysts.

Collins Stewart cut their price target on JinkoSolar Holding Co., Ltd. (JKS) from $38.00 to $34.50. They have a “buy” rating on the company.

Piper Jaffray (NYSE:JPC) raised their price target on Netease.com Inc (NTES) to $51.00.

Piper Jaffray raised their price target on Red Robin Gourmet Burgers Inc (RRGB) to $28.00.

Piper Jaffray cut their price target on Sorl Auto Parts, Inc. (SORL) to $6.50.

Solar's (TSL) (LDK) (SOL) (JKS) (JASO) Honeymoon Appears Over

Trina Solar (NYSE:TSL) LDK Solar (NYSE:LDK), Renesola (NYSE:SOL), JinkoSolar (NYSE:JKS) and JA Solar (NASDAQ:JASO) got crushed Tuesday on growing concerns over the sustainability of the solar industry.

The results and outlook from Trina Solar (TSL), along with many other factors, such as the two largest solar markets in the world - Germany and Italy - saying they're either cutting back on solar subsidies or taking a close second look at slashing even more on them, seems to be pointing to the honeymoon period of 2010 for solar being over, hitting the share prices of solar firms.

If the sector, which has no real legitimate market (outside of government force) wants to grow, it'll have to be at the sacrifice of margins, which will make it more of a movement than profitable business.

Solar is increasingly looked upon as quaint, and "cute," as Bill Gates recently said, and is irrelevant as far as being a legitimate so-called alternative energy source.

That doesn't bode well for the industry, as governments will look towards energy sources that have a chance to meet real needs, and not being promoted for political and media purposes of appearing green.

As for pricing, that is also degrading in the wafer segment of the sector, revealing the extreme volatility and unpredictability inherent in the industry.

Trina Solar closed Tuesday at $23.11, falling $1.68, or 6.78 percent. LDK Solar ended the session at $8.61, down $0.67, or 7.22 percent. Renesola closed at $7.57, dropping $0.45, or 5.61 percent. JinkoSolar closed at $25.79, falling $1.71, or 6.22 percent. JA Solar ended the day at $5.74, down $0.24, or 4.01 percent.

Hanwha SolarOne Co., Ltd.(NASDAQ:HSOL), JA Solar (NASDAQ:JASO), Suntech Power Holdings (NYSE:STP) and Yingli Green Energy (NYSE:YGE) all closed down Tuesday over 3 percent.

JA Solar (JASO) (JKS) (SPWRA) (CSUN) Under Pressure on Financing Uncertainty

Shares of JA Solar (NASDAQ:JASO), Jinko Solar (NYSE:JKS), SunPower Corporation (NASDAQ:SPWRA) and China Sunergy (NASDAQ:CSUN) all closed mixed Friday as the solar sector continues to be under immense pressure in relationship to financing concerns and legitimate demand.

With America facing its own sovereign debt crisis, masked by the seemingly endless amount of new money thrown at the economy by the Federal Reserve, the solar industry in the country is facing more uncertainty, as lawmakers look to make budget deals, which could cut financing from the U.S. Department of Energy for the sector.

That was after First Solar (FSLR) alleged they were told by the Department of Energy they were still being considered for financial assistance to construct three major solar plants in the country.

Funding challenges also face the international solar industry as many countries continue to struggle with the lack of capital to artificially prop up the industry.

It's widely known that the Italian has cut back on support for the solar industry, but German Chancellor Angela Merkel suggested on Friday her country needs to take a another look at feed-in tariffs again, saying they may be too high. Germany and Italy have been the two leading markets for solar.

A lot of focus has been on the removing of subsidies from the big oil companies, but in fact we need to have all energy subsidies removed across the board and the let the free market decide how it wants to produce and consume energy and electricity, not politicians.

JA Solar (JASO) closed Friday at $6.16, dropping $0.21, or 3.30 percent.

Solar Bubble (ASTI) (JKS) (PWER) (HSOL) (JASO) (TSL) Coming for These Firms?

The solar industry is under duress to say the least, and the very real possibility China may end up creating the first solar bubble is now being bantered about in the media, with solar companies like Ascent Solar Technologies (ASTI), Jinko Solar (NYSE:JKS), Power-One Inc (NASDAQ:PWER), Hanwha SolarOne Co., Ltd.(NASDAQ:HSOL), JA Solar (NASDAQ:JASO), Trina Solar (NYSE:TSL), sure to come under stress after a seemingly unhindered run for several years before 2009.

Forbes' William Pentland wrote, "The epic expansion planned for the latter part of this decade may create the world’s first solar-energy bubble. The existing solar supply chain is likely too shallow to sustain growth on this scale. Unless the industry develops scalable infrastructure over the next four years, China’s planned installation of 8 GWs of solar capacity annually between 2015 and 2020 is likely to create severe bottlenecks in the solar supply chain. These bottlenecks could radically inflate the price of basic materials like silicon and create labor shortages that would affect the costs of manufacturing solar modules, designing and installing new solar systems and operating and maintaining already installed systems."

Combined with Germany and Italy cutting back on solar subsidies, it would make the China market even more important as far as solar goes, and with little demand from other countries, will disporportunately affect to view of the industry. during the coming years, which appear to be very negative.

Trina Solar (TSL) closed Monday at $26.78, dropping $0.06, or 0.22 percent.

Solar's (YGE) (ASTI) (JASO) (CSIQ) (HSOL) (JKS) Facing Tough Times

The solar industry and solar companies like Yingli Green Energy (NYSE:YGE), Ascent Solar Technologies (ASTI), JA Solar (NASDAQ:JASO), Canadian Solar (NASDAQ:CSIQ), Hanwha SolarOne Co., Ltd.(NASDAQ:HSOL) and Jinko Solar (NYSE:JKS) are under increasing pressure as the government-created market, which the vast of majority of consumers really don't care about, is struggling because of the two major markets - Germany and Italy, which have been cutting back on subsidies, leaving a large gap in the demand side of the market, which isn't being taken up by any other country at this time, although there are small increases in various countries, including America.

It is increasingly realized that solar (or wind) isn't or won't be the answer to future energy needs, as they're unreliable and expensive, and can't even come close to meeting existing needs, let alone the growing needs of countries around the world.

The best thing to do in energy across the board is to get rid of all government subsidies in every energy sector and let the market decide what it wants.

Government interference through excessive regulation and taxation also needs to be cut back on, as it's only in place in order to promote the so-called "clean energy" initiative, which isn't as clean and green as being put forth, but is a media darling and is reported as being the future of energy, when if fact anyone that knows the energy sector understands at best it'll be a small supplemental part of the energy future, and one that probably doesn't even need to be pursued.

There will probably be a consolidation in the industry even as solar companies continue to mostly operate under losses, even with the generous subsidies and government pressure on competing energy industries.

Hanwha SolarOne Co., Ltd.(HSOL) closed Friday at $6.14, gaining $0.23, or 3.89 percent.

Suntech (STP) (JKS) (CSIQ) (JASO) (TSL) Trade Down as Solar on the Defensive

The disastrous performance of First Solar (Nasdaq:FSLR), couple with declining subsidies from the two largest solar markets in the world - Germany and Italy - dragged down Jinko Solar (NYSE:JKS), Canadian Solar (NASDAQ:CSIQ), JA Solar (NASDAQ:JASO), Trina Solar (NYSE:TSL) and Suntech Power Holdings (NYSE:STP) Wednesday, as the all closed in the negative.

Sources say Italy has reached an agreement to cut subsidies from current levels by 22-30 percent in 2011, 23-45 percent in 2012 and by 10-45 percent in 2013.

Australia also announced they are going to cut A$1,000 from solar panel subsidies a it is pushing up the price of electricity in the country.

The country has already cut back on an initial individual household subsidy of A$8,000 in 2007 to A$3,700 today.

The Australian government also said federal subsidies on rooftop solar panels will end a year earlier than originally stated, some time in the middle of 2013.

With very little demand in India and America - considered two potential new markets for solar - it appears the solar industry is in for a long, rough ride.

Government just need to end the subsidies completely (as well as with all other energy subsidies), and let the market sort out what it wants for energy.

Suntech Power Holdings (STP) closed Wednesday at $8.23, down $0.34, or 3.97 percent.

Renesola (SOL) (CSIQ) (SPWRA) (JKS) (WFR) Mixed on First Solar (FSLR) Results

Shares of solar companies Renesola (NYSE:SOL), Canadian Solar (NASDAQ:CSIQ), SunPower Corporation (NASDAQ:SPWRA), Jinko Solar (NYSE:JKS) and MEMC Electronic Materials, Inc. (NYSE:WFR) were mostly weighed down by First Solar's (NASDAQ:FSLR) anemic performance.

MEMC was able to hold on in postive territory after hours, although the majority of solar companies took ahit.

Net income for First Solar plunged 33 percent to $116 million over the same quarter last year, as the company earned $1.33 per share. That was actually much better than the $1.16 a share analysts expected, but not able to overcome the weak net income numbers.

Revenue made no headway during the quarter either, reaching $567 million, although beating estimates of $544 million.

The company said in its press release that rising costs, lower net sales and reduced average selling prices had a negative impact on the quarter.

Even so, the company asserts it will be able to meet full year guidance, although the market, at this time, isn't buying into that. Net sales for the full year are expected to reach about $3.7 to $3.8 billion, with EPS coming in at a range of $9.25 to $9.75 a share.

All of this underscores the lack of a real market for solar energy, and is only a primarily a creation of numerous governments around the world, not the result of demand from consumers.

That's why Italy, when it cut back on subsidies, put the hurt on First Solar, which has huge exposure there.

The highly expensive and low-demand energy source can't compete in the real market, and solar companies will remain extremely volatile because many governments that support it, don't have the capital to back their ambitions in the sector.

This is another reason why subsidies on all energy need to be abandoned and the market allowed to sort things out.

Jinko Solar (JKS) closed Tuesday at $25.98, falling $1.13, or 4.17 percent.

Price Targets on (IPHS) (JKS) (LUV) (LYB) (MCP) Updated

Price targets on Innophos Holdings, Inc. (NASDAQ: IPHS), JinkoSolar Holding Co., Ltd. (NYSE: JKS), Southwest Airlines Co. (NYSE: LUV), LyondellBasell (NYSE: LYB) and Molycorp, Inc. (NYSE: MCP) were updated today by analysts.

Oppenheimer raised their price target on Innophos Holdings, Inc. (IPHS) from $47.00 to $56.00. They have an “outperform” rating on the company.

Brean Murray raised their price target on JinkoSolar Holding Co., Ltd. (JKS) from $32.00 to $35.00. They have a “buy” rating on the company.

Deutsche Bank (NYSE:DB) raised their price target on Southwest Airlines Co. (LUV) to $18.00. They have a “buy” rating on the company.

Citigroup (NYSE:C) raised their price target on LyondellBasell (LYB) from $46.00 to $55.00. They have a “sell” rating on the company.

Dahlman Rose raised their price target on Molycorp, Inc. (MCP) from $85.00 to $125.00. They have a “buy” rating on the company.