Barclays Offer Constructive Update on First Solar (FSLR): Executing The Plan
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Price: $51.36 -0.43%
Rating Summary:
4 Buy, 23 Hold, 11 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 17 | New: 13
Rating Summary:
4 Buy, 23 Hold, 11 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 17 | New: 13
Trade FSLR Now!
Barclays maintains an 'Equalweight' on First Solar (NASDAQ: FSLR) price target of $18.00.
Analyst, Amir Rozwadowski, was feeling encouraged after meeting with FSLR's CFO and VP. The company seems disciplined as it tackles issues in its addressable markets. The company's management team seems enthusiastic about the plan for sustainable earnings potential through 2016. Nonetheless, Rozwadowski isn't turning a blind eye to competitive threats, falling ASPs for crystalline systems and it waiting to see further evidence of execution before moving off the sidelines.
On longer-term outlook, Rozwadowski, says there is visibility for sustainable markets supporting 1GW of Incremental 'Pipeline'. He also feel more comfortable for the L-T margin trajectory. However, despite a goal being great, execution is the real key.
For an analyst ratings summary and ratings history on First Solar click here. For more ratings news on First Solar click here.
Shares of First Solar closed at $18.65 yesterday, with a 52 week range of $11.43-$93.64.
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Analyst, Amir Rozwadowski, was feeling encouraged after meeting with FSLR's CFO and VP. The company seems disciplined as it tackles issues in its addressable markets. The company's management team seems enthusiastic about the plan for sustainable earnings potential through 2016. Nonetheless, Rozwadowski isn't turning a blind eye to competitive threats, falling ASPs for crystalline systems and it waiting to see further evidence of execution before moving off the sidelines.
On longer-term outlook, Rozwadowski, says there is visibility for sustainable markets supporting 1GW of Incremental 'Pipeline'. He also feel more comfortable for the L-T margin trajectory. However, despite a goal being great, execution is the real key.
For an analyst ratings summary and ratings history on First Solar click here. For more ratings news on First Solar click here.
Shares of First Solar closed at $18.65 yesterday, with a 52 week range of $11.43-$93.64.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
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