Professional
Added to YB: 2024-07-09
Pitch date: 2024-07-08
FSLR [bullish]
First Solar, Inc.
+12.73%
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
$227.00
Price Target
315.00 (+24%)
Dividend
N/A
EV/EBITDA
12.77
P/E
19.46
EV/Sales
5.16
Sector
Semiconductors and Semiconductor Equipment
Category
growth
First Solar (FSLR) Rated Outperform with $315 Price Target by RBC Capital
$FSLR: RBC reiterates Outperform, $315 PT. IRA beneficiary, shares down on repeal fears. 45X tax credit has bipartisan support, unlikely to be repealed even with Republican sweep. GOP protectionism could boost FSLR's position. Recent sell-off presents buying opportunity.
Read full article (1 min)