First Solar (FSLR) Tops Q2 EPS by 32c, Lowers FY EPS Guidance

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Baird Maintains Bullish Stance on First Solar (FSLR) Following Solid Q2

August 4, 2016 6:36 AM EDT

Baird analyst Ben Kallo reiterated an Outperform rating and $60 price target on First Solar (NASDAQ: FSLR) following strong Q2 results exceeding revenue expectations due to the sale of Kingbird and recognition of other project revenue.

Kallo commented, "Although market dynamics for 2017 remain... More