Kaufman Bros Maintains a 'Sell' rating on First Solar (FSLR); Sees Continued Margin Pressure
FSLR Hot Sheet
Rating Summary:7 Buy, 21 Hold, 7 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 24 | Down: 11 | New: 36
Kaufman Bros maintains a 'Sell' rating on First Solar, Inc. (Nasdaq: FSLR), Price target $86.
"We believe FSLR's business model will come under continuous margin pressure, due to competition and the general commoditization of solar cells. With 50% gross profit margins, we believe the long-term outlook is for these to decline to the 10% range."
To see more analyst ratings on FSLR Click Here.
"We believe FSLR's business model will come under continuous margin pressure, due to competition and the general commoditization of solar cells. With 50% gross profit margins, we believe the long-term outlook is for these to decline to the 10% range."
To see more analyst ratings on FSLR Click Here.
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