Jefferies Maintains Buy on First Solar, Lowers Price Target to $266
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Dushyant Ailani maintains a Buy rating on First Solar (NASDAQ:FSLR) but lowers the price target from $271 to $266.
October 10, 2024 | 12:20 pm
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Jefferies analyst Dushyant Ailani maintains a Buy rating on First Solar but lowers the price target from $271 to $266, indicating a slight adjustment in expected valuation.
The maintained Buy rating suggests continued confidence in First Solar's prospects, but the lowered price target indicates a slight reduction in expected valuation. This could lead to a neutral short-term impact on the stock price as the overall sentiment remains positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100