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Fly News Breaks for February 23, 2018
FSLR
Feb 23, 2018 | 05:44 EDT
Deutsche Bank analyst Vishal Shah believes First Solar has "plenty of upside left" following the company's better than expected Q4 results and outlook. With the S6 ramp largely on track and the company being largely sold out through the first half of 2020, further upside to the 2019/2020 earnings outlook is likely, Shah tells investors in a post-earnings research note. He reiterates a Buy rating on First Solar with a $75 price target.