Deutsche Bank Maintains First Solar Hold, Lowers PT


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Deutsche Bank maintained its First Solar (NASDAQ: FSLR) Hold rating and lowered its First Solar price target from $45 to $30 in a research report published today.In the report, Deutsche Bank states, "Although not surprised by range, we foresee more disappointment as FSLR repositions in new sustainable growth markets and experiences higher than expected opex/tax rate."Shares of First Solar were trading at $33.85 at the time of posting, down 20.48% from Tuesday's market close.

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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Posted In: Analyst ColorPrice TargetAnalyst RatingsDeutsche Bank