FBR Lowers First Solar's Price Target To $90

By Benzinga Staff
November 02, 2009 9:00 AM

Symbols: FSLR

Posted in: Analyst Color, Price Target, Analyst Ratings

FBR Capital lowers First Solar's (Nasdaq:FSLR) price target to $90 from $110. First Solar fell from trading above $150 to just above $120 after it reported lower than expected earnings.

FBR believes First Solar has further to fall after its disappointing results. RBC believes there is downside risk to 2010 estimates. FBR has an Underperform rating on FSLR.

Full text available to premium subscribers only. Click here to subscribe to become a premium member. You have to be a registered user on the site to subscribe. If you are not a registered user click here to register at the site.

< Previous
RBC Capital Upgrades Kilroy Realty To Top Pick

Next >
Monday’s Market Movers (ETFC, RIMM, C, HGSI, MSFT)

Printer-friendly version

Send to friend

We're Loving

Today's Most Popular Business News Stories

Apple's iPad 3 Could Undermine Earnings

Europe Doesn't Get It: Greece Is Broke

You Could Have Profited 14% on AOL by Using Benzinga Pro. Try It for Free Now!

Apple Equals Five Facebooks

Benzinga's Premium Memberships

Chart-Caster

From novice to pro, Chart-Caster delivers over $11,000 per month* in profitable trade setups across all time-frames from which members can evaluate, select, and replicate within their own trading accounts.

Learn More >>
14 Day Free Trial!

Basic Premium
Benzinga's Cash Generator

This product is for individuals looking to generate a cash payout/yield from cash left within a brokerage account.

Learn More >>
14 Day Free Trial!

Basic Premium
Options & Volatility Edge

Options & Volatility Edge is for those people who want to make money using cost effective options trading strategies. This product is for anyone—novices and experts. If you understand how to enter an options trade, you need Options & Volatility Edge.

Learn More >>
14 Day Free Trial!

Basic Premium
ETF Professor

The ETF Professor is truly an appropriate moniker, because the Professor spends hours everyday analyzing the charts of dozens of ETFs EVERY DAY.

Learn More >>
14 Day Free Trial!

Basic Premium

Winning Stocks Under $5

Winning Stocks Under Five Dollars tracks and analyzes attractive stocks that are currently trading below $5. Investors receive information on inexpensive companies that have the potential to beat the market.

Learn More >>
14 Day Free Trial!

Basic Premium
Real-Time Rumors

In this game, information is everything. You have to know what is happening before the Street begins trading against you utilizing the new information. We will provide you with that edge.

Learn More >>
14 Day Free Trial!

Basic Premium
The Benzinga Value Investor

Risking a Dollar To Make Five

Learn More >>
14 Day Free Trial!

Basic Premium