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Fly News Breaks for March 16, 2018
FSLR
Mar 16, 2018 | 05:46 EDT
UBS analyst Jon Windham started First Solar with a Buy rating and $81 price target. The analyst expects the 2019-2020 U.S. solar build cycle to "provide substantial off-index outperformance opportunities for investors willing to 'embrace the cycle.'" He sees U.S. solar installations to accelerate from 9.9GW in 2018 to 14.7GW in 2020.
News For FSLR From the Last 2 Days
FSLR
Apr 24, 2024 | 11:02 EDT
Wells Fargo notes that a group of seven domestic solar product makers, including First Solar (FSLR), filed a petition to levy anti-dumping and countervailing duties on solar imports from Cambodia, Malaysia, Thailand and Vietnam, looking for duties ranging from 70.4% to 271.5%. The firm, which included the "important reminder" that "this is just a petition," says the uncertainty created by the petition is "incrementally positive" for First Solar and negative for Canadian Solar (CSIQ), Array Technologies (ARRY) and Nextracker (NXT).