Mizuho Maintains Buy on First Solar, Raises Price Target to $196
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Maheep Mandloi has reaffirmed a Buy rating on First Solar (NASDAQ:FSLR) and increased the price target from $188 to $196, indicating a positive outlook on the company's stock.
January 03, 2024 | 8:09 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Mizuho analyst Maheep Mandloi has maintained a Buy rating on First Solar and raised the price target from $188 to $196, signaling confidence in the company's future performance.
The increase in price target by a reputable analyst typically indicates a strong conviction in the company's growth prospects and financial health. This can lead to increased investor confidence and a potential short-term rise in the stock price as the market reacts to the positive endorsement.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100