Real Goods Solar, Inc (NASDAQ:RSOL) Gets Downgraded

Boston, MA – (NYSEPOST) – 02/12/2014Cowen and Company analysts have set a price target of $5.00 on shares of Real Goods Solar, Inc (NASDAQ:RSOL) stock in the research report that was issued to investors and clients on Monday.  Cowen and Company’s price-objective would suggest a potential-upside of 32.63 percent from Real Goods Solar, Inc (NASDAQ:RSOL)’s stock’s previous close. Numerous other analysts have weighed on the company’s tock recently. Analysts at Zacks have downgraded shares of Real Goods Solar, Inc (NASDAQ:RSOL) to a “neutral” rating in the research note to investors on 31 December 31st and they currently have a price target of $3.10 on the stock.

Analysts at Sidoti have initiated coverage on Real Goods Solar, Inc (NASDAQ:RSOL) shares in the research note to investors on 25 November and they have assigned a “buy” rating on the Real Goods Solar, Inc (NASDAQ:RSOL) stock. Last month, Real Goods Solar, Inc (NASDAQ:RSOL) a country-wide leader of turnkey solar-energy solutions, changed the company’s brand-identity to RGS Energy. The company’s Chief Executive Officer, Kam Mofid said that the brand name change comes at a very defining moment in the company’s history and in the solar-energy industry. Solar is now commanding a much larger chunk of global-energy production, and in the U.S., solar deployments have also grown dramatically.

He said that it is remarkable to see that the total installations have also grown by almost 500% since the year 2010 to more than 4 GW in 2013. Mofid added that in numerous ways, the company is still in the nascent stages of the energy revolution. A larger number of customers in the United States are now seeking clean and cost-effective sources of power and solar energy is all that and more. Currently, there are more than 10.2 GW of cumulative solar-electric capacity operating systems in the country and Real Goods Solar, Inc (NASDAQ:RSOL) is proud to be part of this growing industry.

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Gregory Peters financial reporter NYSE post. Authors have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. This article is for information purposes only, and is neither a solicitation or recommendation to buy nor an offer to sell securities. *NYSE Post does not set price targets on securities. Never invest into a stock discussed on this website unless you can afford to lose your entire investment.