Morgan Stanley Maintains Equal-Weight on First Solar, Lowers Price Target to $214
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Andrew Percoco has maintained an Equal-Weight rating on First Solar (NASDAQ:FSLR) but lowered the price target from $226 to $214.
October 17, 2023 | 2:14 pm
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NEGATIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on First Solar but lowered the price target from $226 to $214, which may impact the stock's performance.
The lowering of the price target by Morgan Stanley indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on First Solar's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100