RBC Capital Initiates Coverage On First Solar with Outperform Rating, Announces Price Target of $195
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Chris Dendrinos initiates coverage on First Solar (NASDAQ:FSLR) with an Outperform rating and a price target of $195.
February 14, 2024 | 12:21 pm
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RBC Capital has initiated coverage on First Solar with an Outperform rating and a price target of $195, indicating a positive outlook on the stock.
Analyst ratings, especially from reputable firms like RBC Capital, can significantly influence investor sentiment and stock prices. An Outperform rating combined with a high price target suggests a strong bullish outlook for First Solar, likely leading to increased investor interest and potentially higher stock prices in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100