July 2, 2009 7:06 AM EDT
JP Morgan upgrades Evergreen Solar Inc. (Nasdaq: ESLR) from Underweight to Overweight and raises their price target to $5.
The firm's price target represents over 100% upside from yesterday's $2.15 close.
Evergreen Solar, Inc. engages in the development, manufacture, and marketing of solar power products primarily in the United States and Europe.
