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UBS Downgrades First Solar (FSLR) to Neutral

October 25, 2011 3:31 PM EDT
Get Alerts FSLR Hot Sheet
Price: $279.01 --0%

Rating Summary:
    35 Buy, 20 Hold, 3 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 12 | Down: 5 | New: 70
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An analyst at UBS downgraded shares of First Solar (NASDAQ: FSLR) from Buy to Neutral in an afternoon research report Tuesday. The firm's price target was slashed from $100 to $50.

The stock is down more than 24 percent at last check amid news the company's CEO stepped down unexpectedly.

For more ratings news on First Solar click here and for the rating history of First Solar click here.


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