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.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100