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Fly News Breaks for July 7, 2016
FSLR
Jul 7, 2016 | 05:46 EDT
Deutsche Bank analyst Vishal Shah downgraded First Solar to Hold saying he sees downside risk to the company's 2017 earnings. Increasing competition from Chinese suppliers is pushing down module prices and First Solar's booking momentum is slowing down, Shah tells investors in a research note. He cut his price target for the shares to $44 from $80. The provider of photovoltaic solar energy solutions closed yesterday up $1.36 to $49.13.
News For FSLR From the Last 2 Days
FSLR
Apr 17, 2024 | 15:16 EDT
After Reuters reported that a request to remove the bifacial panel exemption in the Section 201 tariff is expected to be granted by the Biden Administration, RBC Capital said that, if granted, the removal of the bifacial panel exemption would be a positive development for First Solar and solar OEMs with domestic manufacturing. The firm, which believes the removal of the exemption would be supportive of demand for domestic manufactured products and supportive of pricing, has an Outperform rating and $195 price target on First Solar shares.
FSLR
Apr 17, 2024 | 13:52 EDT
FSLR
Apr 17, 2024 | 09:34 EDT
