tiprankstipranks
Blurbs

First Solar (FSLR) Gets a Sell Rating from Morgan Stanley

In a report released today, Stephen Byrd from Morgan Stanley maintained a Sell rating on First Solar (FSLRResearch Report), with a price target of $54.00. The company’s shares closed last Friday at $68.00, close to its 52-week low of $59.60.

According to TipRanks.com, Byrd is a 5-star analyst with an average return of 10.4% and a 58.2% success rate. Byrd covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, American Electric Power, and Nextera Energy Partners.

The word on The Street in general, suggests a Hold analyst consensus rating for First Solar with a $77.75 average price target.

See the top stocks recommended by analysts >>

First Solar’s market cap is currently $7.25B and has a P/E ratio of 33.73.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

First Solar, Inc. engages in designing, manufacturing, marketing, and distribution of photovoltaic solar power systems and solar modules. It operates through the Modules and Systems segments. The Modules segment involves in the design, manufacture, and sale of cadmium telluride solar modules, which convert sunlight into electricity. The Systems segment offers development, construction, operation, and maintenance of photovoltaic solar power systems. The company was founded by Michael J. Ahearn in 1999 and is headquartered in Tempe, AZ.

Read More on FSLR:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More

Latest News Feed