Gilford Securities Reiterates Neutral Rating on Trina Solar Limited on Lack of Profitability Clarity

In a report published Wednesday, Gilford Securities reiterated its Neutral rating on Trina Solar Limited (NYSE: TSL ). Gilford Securities noted, “Given the lack of capacity rationalization, weaker prices continue to favor downstream project developers. We forecast global solar demand to be around 36GW in 2013 and 44GW in 2014.