Oppenheimer Maintains Outperform on First Solar, Raises Price Target to $271
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Colin Rusch maintains an Outperform rating on First Solar (NASDAQ:FSLR) and raises the price target from $269 to $271.

May 02, 2024 | 12:47 pm
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Oppenheimer analyst Colin Rusch maintains an Outperform rating on First Solar and raises the price target from $269 to $271.
The increase in the price target by Oppenheimer reflects a positive outlook on First Solar's performance. This adjustment suggests that the analyst sees potential for the stock to outperform the market, likely due to favorable market conditions, strong company fundamentals, or both. Such analyst actions often lead to short-term positive sentiment among investors, potentially driving the stock price up.
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