Morgan Stanley Maintains Overweight on First Solar, Raises Price Target to $248
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Andrew Percoco has maintained an Overweight rating on First Solar (NASDAQ:FSLR) and increased the price target from $245 to $248.
May 02, 2024 | 11:27 am
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Morgan Stanley reaffirms its Overweight rating on First Solar and raises its price target to $248.
The increase in the price target by a reputable analyst like Andrew Percoco signals a strong confidence in First Solar's future performance. This endorsement is likely to positively influence investor sentiment and could lead to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100