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Fly News Breaks for May 4, 2017
FSLR
May 4, 2017 | 06:32 EDT
BofA/Merrill upgraded First Solar to Buy from Neutral and raised its price target to $45 from $42 following the better than expected Q1 report and raised guidance . Analyst Krish Sankar said First Solar's execution has improved and said the low cost Series 6 product could lead to better margins starting in Q2 2018. Sankar also told investors First Solar's valuation is attractive and the balance sheet has strengthened.
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
FSLR
Apr 16, 2024 | 15:00 EDT
FSLR
Apr 15, 2024 | 13:36 EDT
Bearish flow noted in First Solar with 6,833 puts trading, or 1.3x expected. Most active are Jan-25 160 puts and Apr-24 180 puts, with total volume in those strikes near 3,100 contracts. The Put/Call Ratio is 1.97, while ATM IV is up over 1 point on the day. Earnings are expected on May 1st.
FSLR
Apr 15, 2024 | 11:04 EDT
Institutional investors and professional traders rely on The Fly to keep up-to-the-second on breaking news in the electric vehicle and clean energy space, as well as which stocks in these sectors that the best analysts on Wall Street are saying to buy and sell. From the hotly-debated... To see the rest of the story go to thefly.com. See Story Here
