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Fly News Breaks for August 22, 2018
FSLR
Aug 22, 2018 | 08:23 EDT
Baird analyst Ben Kallo said he continues to like First Solar shares and he believes its 2020 earnings power may be underappreciated. The analyst sees the potential for upward earnings revisions as management recently provided a favorable update on pricing. He noted the company's differentiated technology and its lower valuation relative to peers. Kallo said First Solar remains a Top Idea, and he reiterated his Outperform rating and $85 price target on the shares.
News For FSLR From the Last 2 Days
FSLR
May 1, 2024 | 16:04 EDT
Reports Q1 revenue $794M, consensus $702.17M. "We are pleased with our start to 2024, with good operating performance, selective bookings with a year to date ASP over 31 cents per watt excluding adjusters, and solid financial results," said Mark Widmar, CEO of First Solar. "Our differentiated technology and balanced business model are enabling us to drive growth, navigate industry volatility and deliver enduring shareholder value."