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Added to YB: 2024-10-22

Pitch date: 2024-10-22

FSLR [bullish]

First Solar, Inc.

+28.8%

current return

Author Info

No bio for this author

Company Info

First Solar, Inc., a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, India, Chile, and internationally.

Market Cap

$27.2B

Pitch Price

$198.68

Price Target

254.00 (-0%)

Dividend

N/A

EV/EBITDA

12.77

P/E

19.46

EV/Sales

5.16

Sector

Semiconductors and Semiconductor Equipment

Category

value

Show full summary:
Citi Upgrades First Solar (FSLR) to Buy, Sees Upside with $254 Price Target

FSLR: Citi upgrades to Buy, PT $254. Weak on 3Q24 guidance cut fears, low CVD rates, Trump win odds. Stock pricing $0.26/W modules; Citi models $0.28/W. Upside from contracting above $0.26/W. Political outcomes could boost pricing further.

Read full article (1 min)