First Solar downgraded to Sell with $9 price target at Maxim Maxim downgraded First Solar to Sell from Hold with a $9 price target on concerns the company has lost all of its competitive advantage due to falling poly prices and oversupply. The firm believes First Solar needs a wholesale change in its business model.
News For FSLR From The Last 14 Days
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First Solar price target raised to $87 from $63 at Citigroup Citigroup raised its price target for First Solar shares to $87 from $63 after shifting its valuation to 2016 estimates and reiterates a Buy rating on the stock. Citi believes First Solar's 2013 guidance could prove conservative.