Solar-energy firm GT Solar (SOLR: sentiment, chart, options) was subjected to a bevy of brokerage comments this morning. UBS started SOLR at "buy" with a price target of $19 and Thomas Weisel started SOLR at "overweight" with a price target of $18. Credit Suisse also waded into the fray on SOLR, initiating the company with a "neutral" rating and a $14.50 price target. Credit Suisse noted, "We think GT is one to two years ahead of the competition, but we expect Chinese competition to remain tough." The brokerage also stated that the company could see catalysts from backlog growth, contract wins, and Q-cell opportunities. However, Credit Suisse believes that problems could develop from SOLR's relationship with LDK Solar (LDK) SOLR's largest customer. LDK recently stated that it would purchase dual-source furnaces with JYT Corp., causing the ratings house to note that "the relationship with LDK may be strained and pricing pressure could develop."

SOLR is more than 5% lower in early trading, as the stock backs away from resistance at its 10-day moving average. More significantly, SOLR's 20-day moving average is now in position to act as resistance for the first time. Also, keep an eye on the 12 level. It has provided a measure of support during the stock's short history.