B of A Securities Maintains Buy on First Solar, Lowers Price Target to $321
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained its Buy rating on First Solar (NASDAQ:FSLR) but has lowered the price target from $343 to $321.
October 08, 2024 | 11:20 am
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B of A Securities has maintained its Buy rating on First Solar but reduced the price target from $343 to $321, indicating a positive outlook with some caution.
The maintenance of a Buy rating suggests continued confidence in First Solar's prospects, but the lowered price target indicates some caution, possibly due to market conditions or company-specific factors. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100