First Solar rises with its peers, levels to watch Shares are up over 3% to $65.19 as solar energy stocks as a group are on the move higher. Next resistance is at $66.95. Support is at $64.28. The short-term trend will remain bearish until shares rise above $70.
First Solar pullback since June a buying opportunity, says JPMorgan JPMorgan analyst Paul Coster views the 20% pullback in shares of First Solar since mid June as a buying opportunity. Coster keeps an Overweight rating on the stock ahead of the company's Q2 results. He looks for Firs Solar's FY15 guidance, which was suspended since the company announced its intentions to form a YieldCo, to be reinstated. The analyst has a $68 price target on shares.