JP Morgan Maintains Overweight on First Solar, Raises Price Target to $240
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Mark Strouse maintains an Overweight rating on First Solar (NASDAQ:FSLR) and raises the price target from $237 to $240.
May 02, 2024 | 3:37 pm
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POSITIVE IMPACT
JP Morgan analyst Mark Strouse maintains an Overweight rating on First Solar and raises the price target from $237 to $240.
The increase in price target by a reputable analyst like Mark Strouse from JP Morgan is a strong positive signal for First Solar. It suggests confidence in the company's future performance and growth prospects, likely leading to increased investor interest and potentially a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100