Pacific Crest Downgrades First Solar (FSLR) to Sector Perform
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Earlier, Pacific Crest Securities downgraded shares of First Solar (Nasdaq: FSLR) from Outperform to Sector Perform. The firm removed its $227 price target.
Shares of First Solar are trading about 2% higher to $160 even today amid news that California's Arnold Schwarzenegger signed two solar-energy bills today.
Visit our Analyst Ratings page to see all the analyst action on shares of First Solar.
First Solar, Inc. engages in the design, manufacture, and sale of solar electric power modules using a proprietary thin film semiconductor technology.
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