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Deutsche Bank Bullish on Solar

Written on October 10, 2006

AOL’s BloggingStocks reports that Deutsche Bank is bullish on the solar photovoltaic industry over the long-term, giving SunPower Corp. and Energy Conversion Devices Inc. a Buy rating and Evergreen Solar Inc. a Hold.

Deutsche Bank believes government incentives will close the grid price gap and that public and private investment will accelerate technology and infrastructure improvements.

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