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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NEGATIVE IMPACT
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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100