JPMorgan analyst Mark Strouse raised the firm’s price target on First Solar to $239 from $222 and keeps a Neutral rating on the shares post the analyst day. The analyst views the company’s margin targets as encouraging.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on FSLR:
- First Solar (NASDAQ:FSLR) Gains on Analyst Praise
- First Solar price target raised to $246 from $229 at Baird
- First Solar upgraded to Buy from Hold at Deutsche Bank
- First Solar sees 2024 gross margin 44%-46%, operating margin 34%-36%
- Constellation Brands upgraded, Block downgraded: Wall Street’s top analyst calls