UPDATE: JPMorgan Starts First Solar (FSLR) at Overweight

June 24, 2013 6:51 AM EDT Send to a Friend
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Price: $56.10 --0%

Rating Summary:
    11 Buy, 21 Hold, 9 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 0
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(Updated - June 24, 2013 8:05 AM EDT)

JPMorgan initiated coverage on First Solar (NASDAQ: FSLR) with an Overweight rating and a price target of $64.00. Analyst Paul Coster sees above consensus 2014 EPS and thinks First Solar is the best positioned pure play solar company. He sees long-term sector growth and thinks First Solar will capture a significant share of global opportunity.

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 $41.37 yesterday.


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