RBC Capital Downgrades First Solar To Underperform

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Analysts at RBC Capital downgraded
First Solar, Inc.FSLR
from Sector Perform to Underperform. The price target for First Solar has been lowered from $54.00 to $34.00. First Solar shares have dropped 10.10 percent over the past 52 weeks, while the S&P 500 index has surged 11.87 percent in the same period. First Solar shares fell 4.30 percent to $52.70 in pre-market trading.
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Posted In: DowngradesAnalyst RatingsRBC Capital
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