Bank of America downgraded them because of margin worries. I find their logic questionable, because SOLF is one of the few solar plays with a good chance of expanding margins year-over-year from 2007 to 2008, per their recent presentation at the Piper Jaffray conference. ---------------------------------------
theflyonthewall.com: Follow-up: Solarfun Power-SOLF downgraded to Sell from Neutral@BOFA
Banc of America downgraded shares to reflect the uncertain outlook for silicon as they believe industry gross margins will continue to contract. Target lowered to $12 from $37. :theflyonthewall.com