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Fly News Breaks for December 3, 2018
FSLR
Dec 3, 2018 | 05:54 EDT
Goldman Sachs analyst Brian Lee upgraded First Solar to Neutral and raised his price target for the shares to $46 from $39. The recent underperformance in the stock creates a more favorable risk/reward profile, Lee tells investors in a research note. The analyst also views the company's 2019 guidance as a potential "tactical catalyst" for upward revisions to consensus estimates.
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.