Evercore ISI Group Maintains In-Line on First Solar, Lowers Price Target to $185
Portfolio Pulse from richadhand@benzinga.com
Evercore ISI Group analyst Sean Morgan has maintained an 'In-Line' rating on First Solar (NASDAQ:FSLR) but lowered the price target from $189 to $185.
June 29, 2023 | 2:40 pm
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First Solar's price target has been lowered from $189 to $185 by Evercore ISI Group, though the 'In-Line' rating is maintained.
The lowering of the price target by Evercore ISI Group indicates a slightly less optimistic outlook for First Solar's stock in the short term. However, the maintenance of the 'In-Line' rating suggests that the stock is still expected to perform in line with the market or sector average. This could lead to a slight negative impact on the stock's price in the short term.
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