Market Overview

UPDATE: DNB Markets Downgrades First Solar to Sell on Valuation

Related FSLR
8 Ways To Add Solar To Your Portfolio
Vetr Crowd Upgrades First Solar, Virgin America To Buy: Here's Why
The Solar Industry Is Well-Positioned Irrespective Of The Investment Tax Credit Outcome (Seeking Alpha)

DNB Markets reduced its rating on First Solar (NASDAQ: FSLR) from Buy to Sell and lowered its price target from $21 to $20.

DNB Markets noted, "First Solar has surged 45% since the Q2 results. However, responding to worse than expected losses in the module division, we have trimmed 2013e EPS, and cut target price to USD20. Given the potential downside, we have downgraded from BUY to SELL."

First Solar closed at $21.43 on Friday.

Latest Ratings for FSLR

Nov 2015Deutsche BankMaintainsBuy
Nov 2015MacquarieInitiates Coverage onOutperform
Oct 2015Avondale PartnersInitiates Coverage onMarket Perform

View More Analyst Ratings for FSLR
View the Latest Analyst Ratings

Posted-In: DNB MarketsAnalyst Color Downgrades Pre-Market Outlook Analyst Ratings


Related Articles (FSLR)

Get Benzinga's Newsletters