Jefferies Initiates Coverage On First Solar with Buy Rating, Announces Price Target of $211
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Dushyant Ailani has initiated coverage on First Solar (NASDAQ:FSLR) with a Buy rating and set a price target of $211.
December 15, 2023 | 10:18 am
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Jefferies has initiated coverage on First Solar with a Buy rating and a price target of $211, indicating a positive outlook for the stock.
The initiation of coverage by Jefferies with a Buy rating and a high price target suggests a strong bullish sentiment towards First Solar. This could lead to increased investor interest and a potential rise in the stock price in the short term, as market participants often react positively to favorable analyst coverage.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100