Analysts' Recommendation: Buy 30 Days Ago: Hold Analysts' Target: $13 Analysts' Targets Caris & Company $11 Above Average Friday, July 11, 2008 Lehman Brothers $15 Equal-weight Monday, June 23, 2008 Jefferies & Co. $16 Accumulate Friday, June 20, 2008 Wedbush Morgan Securities $13 Hold Friday, June 20, 2008 Stanford Group Company $13 Buy Wednesday, June 18, 2008 Kaufman Brothers $18 Buy Wednesday, May 28, 2008 RBC Capital Markets $9 Underperform Thursday, January 31, 2008 Evergreen Solar, Inc. develops, manufactures, and markets solar power products primarily in Europe and the United States. It utilizes its proprietary ‘String Ribbon’ technology process in manufacturing ribbons of crystalline silicon, which are then cut into wafers. These wafers are the primary components of photovoltaic cells that are used to produce solar panels. The company principally offers solar wafer, a flat piece of crystalline silicon that can be processed and assembled into a solar cell; solar cell, a device made from a silicon wafer that converts sunlight into electricity; and solar panel, an assembly of solar cells that are electrically interconnected and laminated for electric power generation, such as on-grid and off-grid generation. Evergreen sells its products through distributors, systems integrators, and value-added resellers. It has a strategic partnership with Q-Cells AG. The company was founded in 1994 and is headquartered in Marlboro, Massachusetts.
$9.14 (07/12/08)
