Citigroup Upgrades First Solar to Buy, Raises Price Target to $254
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Vikram Bagri has upgraded First Solar (NASDAQ:FSLR) from Neutral to Buy, raising the price target from $200 to $254.
October 22, 2024 | 12:27 pm
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Citigroup has upgraded First Solar to a Buy rating and increased the price target to $254, indicating a positive outlook for the stock.
The upgrade from Neutral to Buy by Citigroup, along with a significant increase in the price target, suggests a strong positive sentiment towards First Solar's future performance. This is likely to attract more investors and potentially drive the stock price up in the short term.
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