First Solar (FSLR) PT Raised to $105 at Cowen

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First Solar (FSLR) Upgraded to 'Positive' at Susquehanna Following Management's Positive Commentary on Module Demand and Pricing

August 2, 2021 9:25 AM EDT

Susquehanna analyst Biju Perincheril upgraded shares of First Solar (NASDAQ: FSLR) to Positive from Neutral after the companys management delivered positive commentary on module demand and pricing.

The price target is also hiked to $120.00 per share from $89.00 as the analyst explains the prior PT and rating were predicated on margin contraction due to declining module ASPs.

Continued decline in module ASPs was the primary reason why... More

First Solar (FSLR) Tops Q2 EPS by 13c

July 29, 2021 4:13 PM EDT

First Solar (NASDAQ: FSLR) reported Q2 EPS of $0.77, $0.13 better than the analyst estimate of $0.64. Revenue for the quarter came in at $629 million versus the consensus estimate of $617.22 million.

GUIDANCE:

First Solar sees Q3 2021 EPS of $4.05-$4.75, versus the consensus of... More