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Goldman Sachs Downgrades First Solar (FSLR) to Sell

June 7, 2018 5:18 AM EDT

Goldman Sachs downgraded First Solar (NASDAQ: FSLR) from Neutral to Sell with a price target of $48.00 (from $75.00).

Analyst Brian lee is negative on the stock citing a tougher setup given cyclical headwinds and has a Cautious view on the sector as well.... More