NEW YORK ( TheStreet) -- Suntech Power Holdings (STP), Frontier Oil (FTO) and SunPower (SPWRB) were the top gainers, while Seacor Holdings (CKH - Get Report), Tullow Oil and Newfield Exploration (NFX - Get Report) headed the losers' list last week.
Suntech Power Holdings gained 20.2%, topping energy gainers, after the company secured an order from the UN for supplying $80 million worth of solar power systems over the next three years. Canaccord Genuity raised the stock to hold during the week.
Frontier Oil swung 14.2% higher after Simmons & Company upgraded its rating on the stock to overweight from neutral. Separately, Deutsche bank raised its price target on Frontier oil to $30 from $23. Meanwhile, Dahlman Rose rated new buy with a price target of $33. On Friday, the stock closed at $28.12.
SunPower surged 13.8% to reach 11-month highs after the company raised its 2011 earnings guidance to $2.0-$2.2 per share from the earlier $1.75-$2.05 issued in November.
rose 13.2% last week. Cormark Securities upgraded Nexen to buy from market perform.
(WMB - Get Report)
, a pipeline operator, advanced 12.5% after the company announced plans to spin off its oil and natural gas exploration business. The initial public offering (IPO) is scheduled for the third quarter.
(TSO - Get Report)
gained 10.2% during the week. Dahlman Rose rated the stock new buy with a target price of $34.0, up 40.7% from the current $24.1.
Yingli Green Energy Holdings
advanced 9.9% after reporting 2010 fourth quarter adjusted earnings per share at 57 cents vs. estimates of 47 cents, while revenue came in at $616.1 million vs. forecast $557.3 million. Yingli guided 2011 PV module shipments to 1,700MW-1,750MW from $1,062MW reported for 2010.
Other solar stocks
(SOL - Get Report)
GT Solar International
First Solar International
advanced around 11.8%, 11.0%, 7.4%, 1.8%, and 1.3%, respectively.
rose 9.5% after reporting 2010 fourth quarter results. Adjusted earnings per share came in at 44 cents vs. consensus 38 cents, while operating revenue came in at $1.32 billion vs. estimated $1.27 billion. Jefferies raised its price target on the stock to $35 from $27, following the earnings announcement, reiterating its buy rating.
rose 8.3% last week. Lazard capital raised its price target to $136 from $122, maintaining a buy rating, after the company announced fourth quarter results and a discovery in the Permian Basin. Meanwhile, Tudor Pickering upgraded the stock to buy from accumulate. However UBS cut its rating to neutral from buy.