BofA/Merrill Lynch Keeps Underperform on First Solar (FSLR) Post Q2

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Cowen Trims PT on First Solar (FSLR) Following Q2 Results; Some Execution Risk Remains

August 6, 2014 10:02 AM EDT

Cowen and Company trims its price target on First Solar (Nasdaq: FSLR) from $68 down to $62 and maintains a Market Perform rating following Q2 results.

Analyst Robert Stone issued the following commentary: Revenue was $544MM (vs. St. $796MM), as an inverter integration issue... More

UBS Comments on First Solar (FSLR) Following Q2 Earnings Results

August 6, 2014 9:31 AM EDT

UBS 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 EDT

Baird 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

Needham & Company Upgrades First Solar (FSLR) to Buy on Possible Yieldco, Bookings Strength and Efficiency Gain

August 6, 2014 6:36 AM EDT

Needham & 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, Inc. (FSLR) Misses Q2 Views, Maintains Outlook

August 5, 2014 4:12 PM EDT

First Solar, Inc. (NASDAQ: FSLR) reported Q2 EPS of $0.04, $0.33 worse than the analyst estimate of $0.37. Revenue for the quarter came in at $544 million versus the consensus estimate of $795.88 million.

First Solar, Inc. maintained its FY2014 EPS of $2.40-$2.80, versus the consensus of... More