Guggenheim Maintains Buy on First Solar, Lowers Price Target to $335
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst Joseph Osha maintains a Buy rating on First Solar (NASDAQ:FSLR) but lowers the price target from $368 to $335.
October 30, 2024 | 7:29 pm
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Guggenheim analyst Joseph Osha maintains a Buy rating on First Solar but lowers the price target from $368 to $335.
The analyst's decision to maintain a Buy rating suggests continued confidence in First Solar's prospects, which is positive. However, the lowered price target indicates a tempered outlook, potentially due to market conditions or company performance. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100