Morgan Stanley Upgrades First Solar to Overweight, Raises Price Target to $237
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Andrew Percoco has upgraded First Solar (NASDAQ:FSLR) from Equal-Weight to Overweight and increased the price target from $214 to $237.
December 08, 2023 | 11:39 am
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Morgan Stanley upgraded First Solar's stock from Equal-Weight to Overweight and raised the price target to $237, indicating a positive outlook on the company's future performance.
Upgrades by prominent analysts like Morgan Stanley can lead to increased investor confidence and a potential rise in stock price. The new price target of $237 suggests that the analyst sees significant upside potential for First Solar, which could attract more investors to the stock in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100