First Solar (FSLR), SunPower (SPWR) to Form Joint Venture

Go back to First Solar (FSLR), SunPower (SPWR) to Form Joint Venture

Standpoint Research Downgrades First Solar (FSLR) to Hold

February 25, 2015 11:04 AM EST

Standpoint Research downgraded First Solar (NASDAQ: FSLR) from Buy to Hold.

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 $54.70 yesterday.

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First Solar (FSLR) PT Raised to $75 at Needham & Company

February 25, 2015 7:23 AM EST

Needham & Company analyst Y. Edwin Mok reiterated a Buy rating and boosted his price target on First Solar (NASDAQ: FSLR) to $75.00 (from $70.00) following Q4 results and the YieldCo JV with SunPower.

Mok commented, "FSLR reported a mixed 4Q14 due to its decision... More

BofA/Merrill Lynch Upgrades First Solar (FSLR) to Neutral

February 25, 2015 6:55 AM EST

BofA/Merrill Lynch upgraded First Solar (NASDAQ: FSLR) from Underperform to Neutral with a price target of $58.00 (from $50.00).

Analyst Krish Sankar said with the YieldCo in play they see downside protection near term.

Despite sharp cuts to the firm's CY15 estimates, a pipeline... More

First Solar (FSLR) PT Lifted to $69 at Baird; Buy Stock Aggressively Here

February 25, 2015 6:36 AM EST

Baird analyst Ben Kallo reiterated an Outperform rating and boosted his price target on First Solar (NASDAQ: FSLR) to $69.00 (from $62.00) following earnings and the company's recently announced YieldCo JV with SunPower. The analyst said they would be aggressive buyers of the stock.

Kallo... More

SunPower (SPWR)/First Solar (FSLR) YieldCo is Like Duke and UNC Partnering... Huge - Raymond James

February 24, 2015 11:16 AM EST

Raymond James analyst Pavel Molchanov reiterated an Outperform rating and $35 price target on SunPower (NASDAQ: SPWR) following earnings and the "huge" news that the company will enter a joint venture with rival First Solar (NASDAQ: FSLR) with plans to create a YieldCo.

Molchanov likens news the... More

SunPower (SPWR) Tops Q4 EPS by 2c; Guides Q1 Below the Street, Withdraws FY15 Outlook on YieldCo News

February 24, 2015 8:05 AM EST

SunPower (NASDAQ: SPWR) reported Q4 EPS of $0.26, $0.02 better than the analyst estimate of $0.24. Revenue for the quarter came in at $609.7 million versus the consensus estimate of $606.83 million.

SunPower sees Q1 2015 EPS of $0.05-$0.15, versus the consensus of $0.25. SunPower sees Q1 2015 revenue of $410-460 million, versus the consensus of $544.73 million.

SunPower believes that its underlying business fundamentals for 2015 remain strong. However, as a result of company's announcement on February 23,... More

Deutsche Bank Upgrades First Solar (FSLR) to Buy on Yieldco JV

February 24, 2015 6:36 AM EST

Deutsche Bank upgraded First Solar (NASDAQ: FSLR) from Hold to Buy with a price target of $68.00 (from $60.00). The change follows news it and SunPower (NASDAQ: SPWR) plan to form a joint Yieldco.

Analyst Greg Poole said,... More