Kaufman Bros Maintains a 'Sell' rating on First Solar (FSLR); Sees Continued Margin Pressure
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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.
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