DZ Bank Downgrades First Solar to Hold, Announces $270 Price Target
Portfolio Pulse from Benzinga Newsdesk
DZ Bank has downgraded First Solar (NASDAQ:FSLR) from Buy to Hold, setting a price target of $270.
May 29, 2024 | 5:32 pm
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DZ Bank has downgraded First Solar from Buy to Hold, with a new price target of $270. This downgrade may lead to a short-term negative impact on the stock price as investor sentiment adjusts.
The downgrade from Buy to Hold by DZ Bank suggests a less optimistic outlook for First Solar, which could lead to a decrease in investor confidence and a short-term drop in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100