JP Morgan Maintains Neutral on First Solar, Raises Price Target to $222
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Mark Strouse maintains a Neutral rating on First Solar (NASDAQ:FSLR) and raises the price target from $192 to $222.
July 28, 2023 | 11:09 am
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NEUTRAL IMPACT
JP Morgan maintains a Neutral rating on First Solar and raises the price target from $192 to $222, which may influence investor sentiment.
The raised price target by JP Morgan indicates a positive outlook for First Solar, which could influence investor sentiment and potentially impact the stock's price. However, the Neutral rating suggests that the stock is fairly valued at its current price, indicating no significant short-term price movement.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100