First Solar shares are trading lower after Jefferies cut its price target on the stock from $271 to $266.
Portfolio Pulse from Benzinga Newsdesk
First Solar's stock is experiencing a decline following Jefferies' decision to lower its price target from $271 to $266.
October 10, 2024 | 2:51 pm
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First Solar's stock is trading lower due to Jefferies reducing its price target from $271 to $266.
The reduction in the price target by Jefferies suggests a less optimistic outlook for First Solar, which is likely causing the stock to trade lower. This adjustment in the price target can influence investor sentiment negatively in the short term.
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