The hits keep coming for solar sector concern Suntech Power Holdings (STP: sentiment, chart, options). On November 6, Merriman Curiman Ford downgraded the stock to "neutral" from "buy," while on November 11, Simmons & Company cut the stock to "hold" from "strong buy." This morning, Jefferies took aim at STP, lowering its price target on the shares to $25 from $70. The brokerage firm maintained its "buy" rating on the equity.

The shares have parlayed this negative news into a 2.5% gain on the session, however, with STP rebounding from support in the round-number 10 region. Technically speaking, there is room for a short-term bounce from the stock. Resistance lingers overhead at the 12 level, but the security doesn't hit a wall until the 13.50-15 area, which is home to its 10-day and 20-day moving averages.

Unfortunately for STP, there is plenty of room for more ire from the analyst community. According to Zacks.com, 10 of the 13 brokerage firms following the shares rate them a "buy" or better. Meanwhile, Thomson Financial reports that the average 12-month price target for STP rests at $35.13 per share - a 215% premium to the stock's current trading range near $11.13 per share.