Barclays Sticks to Its Buy Rating for First Solar (FSLR)
Barclays analyst Christine Cho CFA maintained a Buy rating on First Solar today and set a price target of $279.00.
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According to TipRanks, Cho CFA is ranked #7308 out of 12078 analysts.
In addition to Barclays, First Solar also received a Buy from TipRanks – OpenAI’s OpenAI Solar in a report issued today. However, yesterday, Deutsche Bank downgraded First Solar (NASDAQ: FSLR) to a Hold.
Based on First Solar’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.66 billion and a net profit of $524.65 million. In comparison, last year the company earned a revenue of $1.51 billion and had a net profit of $393.12 million
Read More on FSLR:
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- First Solar Stock (FSLR) Plunges as Analysts Cut Price Targets after Q4 Results
- First Solar downgraded to Hold from Buy at Deutsche Bank
- First Solar downgraded to Hold at Deutsche Bank after ‘disappointing’ Q4
- First Solar: Near-Term Headwinds but Strengthening Long-Term Outlook Amid U.S. Manufacturing Shift
- First Solar downgraded at HSBC on cooling demand, operational challenges
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