Roth MKM Maintains Buy on First Solar, Lowers Price Target to $280
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Philip Shen maintains a Buy rating on First Solar (NASDAQ:FSLR) but lowers the price target from $320 to $280.
October 15, 2024 | 4:11 pm
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Roth MKM analyst Philip Shen continues to recommend buying First Solar stock but has reduced the price target from $320 to $280, indicating a more conservative outlook.
The maintained Buy rating suggests continued confidence in First Solar's prospects, but the lowered price target reflects a more cautious stance, likely due to market conditions or company-specific factors. This could lead to a short-term negative impact on the stock price as investors adjust their expectations.
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IMPORTANCE 80
RELEVANCE 100