Goldman Sachs Maintains Buy on First Solar, Lowers Price Target to $279
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs has maintained its Buy rating on First Solar but has lowered the price target from $311 to $279.
October 30, 2024 | 5:01 pm
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NEUTRAL IMPACT
Goldman Sachs has maintained its Buy rating on First Solar but has lowered the price target from $311 to $279, indicating a slightly less optimistic outlook.
The maintenance of a Buy rating suggests continued confidence in First Solar's prospects, but the lowered price target indicates a tempered outlook. This could lead to neutral short-term price movement as the market digests the mixed signals.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100