Zacks Investment Research upgraded shares of STR HOLDINGS (STRI) from NEUTRAL to OUTPERFORM on May 14, 2013, with a target price of $2.70.
STR Holdings, Inc. is a diversified global leader providing high quality, superior performance solar encapsulants to the photovoltaic module industry. It is also one of the world's top providers of quality assurance testing, audit, inspection and responsible sourcing services. The company's polymeric PhotoCap products consist primarily of ethylene-vinyl-acetate, or EVA, which is modified with additives and put through its proprietary manufacturing process to increase product stability and make the encapsulant suitable for use in extreme, long-term outdoor applications. It supplies solar module encapsulants to many of the major solar module manufacturers, including BP Solar, First Solar, Inc., Solarwatt AG, SunPower Corporation and United Solar Ovonic LLC. The company is based in Enfield, Connecticut.
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