Alpha Diallo
0
All posts from Alpha Diallo
Alpha Diallo in Alpha Diallo,

First Solar Price Target Increased to $87 by Baird

The financial services firm Robert W. Baird increased its price target for First Solar, Inc. (NASDAQ:FSLR) while maintaining an outperform rating on the stock. The price target of the solar equipment maker was raised to $87 a share from the prior target of $67. Baird cited a strong balance sheet, exceedingly better cost reductions, expansion into international markets, and development of new technologies as reasons for the price target hike. Baird sees greater long-term growth upside for First Solar.