First Solar (FSLR) Run-Up 'Overdone' - Jefferies
- Dow, S&P inch up as AmEx gains; Netflix slump drags down Nasdaq
- Sony/Apollo bid for Paramount could be worth as much as $29 billion - Source
- Netflix Q1 earnings top estimates on blowout subscriber growth
- Stocks off two-month low as fear of Middle East escalation eases
- Gold prices rally past $2,400 on reports of Israel strikes on Iran
- Tritium DCFC Limited (DCFC): Three Australian subsidiaries were determined to be insolvent or likely to become insolvent
- Hasbro (HAS) Announces Resignation of Cynthia Williams, President of Wizards of the Coast and Hasbro Gaming
- Frontier Communications (FYBR) says third party had gained unauthorized access to portions of its information technology environment
- Ibotta (IBTA) Prices 6.56M Share IPO at $88/sh
- Netflix (NFLX) Tops Q1 EPS by 77c, Offers Guidance
- Netflix, Tesla, Amex, P&G fall premarket; Paramount Global gains
- After-hours movers: Netflix, Intuitive Surgical, Nordstrom, KB Home
- Midday movers: Tesla, Blackstone, Las Vegas Sands fall; DR Horton rises
- After-hours movers: Alcoa rises; Equifax and Las Vegas Sands fall
- Midday movers: Travelers, JB Hunt fall; United Airlines rises
Citi Boosts First Solar (FSLR) Price Target to $50
April 10, 2013 3:00 PM EDTCiti today maintained a Buy rating on First Solar (NASDAQ: FSLR) and raised its price target to $50.00 (from $35.00).
For an analyst ratings summary and ratings history on First Solar click... More
UBS Lifts PT on First Solar (FSLR), Remains on the Sidelines
April 10, 2013 11:19 AM EDTUBS raised its price target on Neutral-rated First Solar (NASDAQ: FSLR) from $31 to $40 after better-than-expected 2013 sales and EPS guidance, but maintained a Neutral rating as they don't see much upside.
The firm notes some risk to the longer-term outlook. "Our... More
First Solar (FSLR) Run-Up on Short Squeeze, the Rest Will Be Harder - Raymond James
April 10, 2013 9:22 AM EDTRaymond James analyst Pavel Molchanov commented on First Solar (NASDAQ: FSLR) after the 45% surge in the stock following its first analyst in four years and upbeat guidance. He said the short squeeze is back, but now comes the hard part.
Molchanov comments:... More
First Solar (FSLR) Gets No Love, Still Underperform at BofA
April 10, 2013 8:18 AM EDTBofA/Merrill Lynch maintained an Underperform rating on First Solar (NASDAQ: FSLR) and raised its price target to $29.00 (from $25.00). Yesterday the stock climbed after the company provided guidance that was ahead of consensus. A part of the gains were a result of recognition timing at... More
First Solar (FSLR) Stock Already Reflects Best Case - Needham & Company
April 10, 2013 7:38 AM EDTNeedham & Company reiterated its Hold rating on First Solar (NASDAQ: FSLR) following Tuesday's analyst event and subsequent 45% surge in the stock price.
"Management was upbeat, detailing its strategy to expand into markets outside of the U.S, presenting its aggressive efficiency and... More
First Solar (FSLR) to Acquire PV Tech Startup TetraSun
April 9, 2013 3:11 PM EDTFirst Solar, Inc. (Nasdaq: FSLR) today announced it is acquiring TetraSun, a solar photovoltaic (PV) technology startup which has developed a break-through cell architecture capable of conversion efficiencies exceeding 21 percent with commercial-scale manufacturing costs comparable to conventional multicrystalline silicon solar cells. First Solar signed a definitive agreement to acquire TetraSun from JX Nippon Oil & Energy Corporation and other investors, including TetraSun... More
UPDATE: First Solar (FSLR) Sees Q1 Sales at High-End, Profit at Low-End of Expected Range
April 9, 2013 2:54 PM EDT(Updated - April 9, 2013 3:09 PM EDT)
First Solar (Nasdaq: FSLR) commented that Q1 sales will be at high-end of range while profit will be at the low-end of the expected range. Cash will also be at the high-end of expectations. Comments were... More
First Solar (FSLR) Busts Through Shorts on Volatile Trading
April 9, 2013 2:21 PM EDTFirst Solar, Inc. (Nasdaq: FSLR) has pared some of its earlier gains following five trading halts on decent guidance.
The reason? At last check about 18.42 million shares of First Solar, or 30.6 percent of public float, were being held short through the... More
First Solar (FSLR) Pops; Sees FY13 EPS, Revs Above Street
April 9, 2013 1:36 PM EDTFirst Solar, Inc. (Nasdaq: FSLR) popped higher today after announcing the following full-year 2013 guidance as well as summary financial targets through 2015.
For 2013, First Solar expects total module shipments to be between 1.6GW and 1.8GW and net sales of $3.8 and $4.0 billion, including approximately $3.6 billion in net sales from systems sales. Consolidated gross... More
First Solar (FSLR) Paused for Volatility
April 9, 2013 1:34 PM EDTFirst Solar, Inc. (NASDAQ: FSLR) trading paused for volatility. The company just issued guidance.... More
First Solar (FSLR) Sees Long-Term Profit Margin of 20% to 30%
April 9, 2013 9:38 AM EDTFirst Solar's (Nasdaq: FSLR) CEO Jim Hughes made positive industry comments this morning. For starters he said he thinks solar is competitive as a fuel displacement and sales will not depend on the climate change thesis. He also said he thinks the market is... More