Roth Capital Upgrades ReneSola Ltd. (SOL) to Neutral

Roth Capital upgraded ReneSola Ltd. (NYSE: SOL) from Sell to Neutral with a price target of $2.55 (from $2.05).

Analyst Justin Clare says the sale of manufacturing assets offers the company an opportunity for project business. The analyst is more confident in the company's improve outlook and potential for increased earnings power in the coming months.

For an analyst ratings summary and ratings history on ReneSola Ltd. click here. For more ratings news on ReneSola Ltd. click here.

Shares of ReneSola Ltd. closed at $2.33 Friday.

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