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What: Shares of Trina Solar
So what: Auriga upgraded a slew of other solar players in kind, including SunPower
Now what: MEMC was previously considered a hold while the rest were considered sells, so the upgrade shows a stark contrast to Auriga's prior ratings. All of the upgraded shares are seeing healthy upside today amid a broadly upbeat day, but Trina is enjoying the biggest gains. Auriga also bumped its price targets on all of the companies accordingly, raising Trina's from $3.50 to $9, which represents a 30% premium to yesterday's closing price of $6.91.
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Fool contributor Evan Niu holds no position in any company mentioned. Click here to see his holdings and a short bio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.