Cowen analyst Jeffrey Osborne raised the firm’s price target on First Solar to $205 from $195 and keeps an Outperform rating on the shares. The analyst said they delivered solid Q4 results and guided to 2023 revenue above expectations with gross profit guidance assuming the integrated manufacturing tax credit beginning in 1Q23.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on FSLR:
- First Solar (NASDAQ:FSLR) Stock Gains on Promising Q4 Results
- First Solar sees FY23 EPS $7.00-$8.00, consensus $4.77
- First Solar reports Q4 EPS (7c), consensus (15c)
- First Solar, Inc. Announces Fourth Quarter and Full Year 2022 Financial Results and 2023 Guidance
- First Solar announces Lightsource bp places multi-year order for 4 GW