JinkoSolar price target raised to $41 from $38 at Goldman Sachs

Goldman Sachs analyst Brian Lee raised the firm’s price target on JinkoSolar to $41 from $38 and keeps a Sell rating on the shares as part of a broader research note previewing Q4 results in Solar stocks. The analyst prefers utility-scale names over companies with residential end market preference, but also sees significant margin recovery stories in focus.