First Solar (FSLR) PT Lowered to $185 at Citi

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J.P. Morgan upgrades First Solar (FSLR) to Overweight ahead of 3Q report

October 19, 2023 8:07 AM EDT

J.P. Morgan upgraded First Solar (NASDAQ: FSLR) to an Overweight rating (From Neutral) and cut their 12-month price target on the stock to $220.00 (From $239.00) ahead of the alternative energy companys 3Q earnings release.

We believe the recent pullback tilts risk-reward favorably, writes J.P. Morgan analysts... More