In a report released today, Amet Tucker Hold Rating Coverage commenced for First Solar from BMO Capital (FSLR – investigation report) and the target price $204.00. The company’s stock closed at $189.14 last Friday.
according to Hint RankTucker is an analyst with a high average return. -8.2% The success rate is 39.02%. Tucker covers the energy sector, focusing on stocks such as Bloom Energy, Sannova Energy International and Fluence Energy.
In addition to BMO Capital, First Solar also received a hold from Sean Morgan of Evercore ISI in a report published on June 28. However, on July 7, the Guggenheim maintained its Buy rating on First Solar (NASDAQ:FSLR).
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FSLR currently has a market cap of $20.21 billion and a PE of 489.49.
Based on recent corporate insider activity by 115 insiders, corporate insider sentiment is negative for the stock. That means more insiders sold FSLR shares in the last quarter than earlier this year.
TipRanks tracked 36,000 business insiders and found that some outperformed others when it came to timing deals.see which 3 shares Most likely to take action following insider activity.
First Solar, Inc. designs, manufactures, markets and sells photovoltaic systems and solar modules. It operates through the Modules and Systems segment. The Modules segment designs, manufactures and sells cadmium telluride solar modules that convert sunlight into electricity. In the system business, we develop, construct, operate and maintain solar power generation systems. The company was founded by Michael J. Ahearn in his 1999 and is headquartered in Tempe, Arizona.
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