Citigroup Maintains Neutral Rating for First Solar: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Citigroup has maintained its Neutral rating for First Solar (NASDAQ:FSLR) but lowered its price target from $214.00 to $200.00. First Solar's shares are currently trading down 1.22% at $159.42 per share. A move to $200.00 would represent a 25.45% increase from the current share price.
September 27, 2023 | 5:00 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Citigroup has maintained its Neutral rating for First Solar but lowered its price target. This could potentially impact the stock's performance in the short term.
The lowering of the price target by Citigroup, a major financial institution, could potentially lead to a decrease in investor confidence in First Solar, thereby negatively impacting its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100