First Solar, Inc. (FSLR) Misses Q2 Views, Maintains Outlook
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UBS Comments on First Solar (FSLR) Following Q2 Earnings Results
August 6, 2014 9:31 AM EDTUBS maintained a Neutral rating on First Solar (NASDAQ: FSLR) and reduced its price target to $70.00 (from $75.00). The change follows Q2 results.
Analyst Stephen Chin said, "We highlight strong bookings of +800MW, mid-late pipeline of 1.3GW (near flat q/q), and a new cell efficiency record of 21.4% as building... More
First Solar (FSLR) Yieldco Opportunity Overshadows Q2 'Miss', Baird Says
August 6, 2014 9:06 AM EDTBaird analyst Ben Kallo reiterated an Outperform rating and $87 price target on First Solar (NASDAQ: FSLR), saying the Yieldco opportunity overshadows the quarterly push-out.
Kallo commented, "FSLR missed estimates largely due to delayed timing of revenue recognition from its Desert Sunlight... More
BofA/Merrill Lynch Keeps Underperform on First Solar (FSLR) Post Q2
August 6, 2014 8:23 AM EDTBofA/Merrill Lynch analyst Krish Sankar reiterated an Underperform rating and $50 price target on First Solar (NASDAQ: FSLR) following weak Q2 results due to project delays.
Sankar notes the cause of the 2Q14 miss is delayed revenue recognition at the Campo Verde project,... More
Needham & Company Upgrades First Solar (FSLR) to Buy on Possible Yieldco, Bookings Strength and Efficiency Gain
August 6, 2014 6:36 AM EDTNeedham & Company upgraded First Solar (NASDAQ: FSLR) from Hold to Buy with a price target of $75.00.
Analyst Y. Edwin Mok cited: : 1) a high likelihood of a FSLR yieldco thereby creating meaningful value; 2) positive metrics supporting greater growth trajectory ahead; 3) near-term opportunities... More
First Solar (FSLR) CEO said the company is near a decision on forming a YieldCo
August 5, 2014 4:47 PM EDTFirst Solar (NASDAQ: FSLR) CEO said the company is near a decision on forming a YieldCo, according to Bloomberg headlines.
Shares remain down 4.5% following its Q2 'miss'.
... More