First Solar (NASDAQ: FSLR) had its price target boosted by Barclays Capital from $18.00 to $19.00 in a research report sent to investors on Wednesday morning. The firm currently has an equal weight rating on the stock.
Several other analysts have also recently commented on the stock. Analysts at Goldman Sachs reiterated a neutral rating on shares of First Solar in a research note to investors on Wednesday. They now have a $27.00 price target on the stock. Separately, analysts at Piper Jaffray initiated coverage on shares of First Solar in a research note to investors on Wednesday. They set a neutral rating and a $28.00 price target on the stock. Finally, analysts at Maxim Group reiterated a sell rating on shares of First Solar in a research note to investors on Wednesday. They now have a $9.00 price target on the stock.
Three equities research analysts have rated the stock with a buy rating, fifteen have given a hold rating, four have given an underweight rating, and five have assigned a sell rating to the stock. First Solar currently has an average rating of hold and a consensus price target of $27.23.
First Solar traded down 0.77% on Wednesday, hitting $25.64. First Solar has a 52-week low of $11.43 and a 52-week high of $36.98. The stock’s 50-day moving average is currently $31.10. The company’s market cap is $2.234 billion.
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