First Solar shares are trading lower after B of A Securities maintained a Neutral rating on the stock and lowered its price target from $232 to $202.
Portfolio Pulse from Benzinga Newsdesk
First Solar's stock price is trading lower after Bank of America Securities maintained a Neutral rating and lowered its price target from $232 to $202.
June 26, 2023 | 5:46 pm
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NEGATIVE IMPACT
First Solar's stock price is expected to be negatively impacted in the short term due to the lowered price target by Bank of America Securities.
Bank of America Securities maintained a Neutral rating on First Solar and lowered its price target from $232 to $202. This reduction in price target may lead to a decrease in investor confidence, resulting in a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100