Market Overview

Axiom Has Update On First Solar Project In California (FSLR)


Axiom Capital Research has an updated research report on First Solar (NASDAQ: FSLR), as it recently wrote about FSLR's AV Solar Ranch project.

In the updated report, Axiom writes, "While we will not go into extensive detail here (see attachment titled “Appeal 2” for full overview of appeal), what we found most interesting about Northrop Grumman's appeal to FSLR's 230MW AV Solar Ranch One project is that it appears that California counties responsible for approving these large scale solar projects are taking shortcuts to get things done quickly. Furthermore, and most important, after reading the appeal put together by the high-priced attorneys employed by Northrop Grumman, it is clear to us that anyone who wants to potentially block one of these large-scale solar projects now has an excellent template from which to operate."

Shares of FSLR lost $3.99 yesterday to close at $138.64, a loss of 2.8%.


Related Articles (FSLR)

View Comments and Join the Discussion!

Posted-In: Axiom Capital ResearchAnalyst Color Price Target Analyst Ratings

Latest Ratings

BRK/BMorgan StanleyMaintains239.0
AXSMorgan StanleyMaintains49.0
BDTXBerenbergInitiates Coverage On58.0
AVIRJP MorganInitiates Coverage On45.0
AIZMorgan StanleyMaintains155.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at