April 18, 2012 at 08:17 AM EDT
First Solar (FSLR): Slapped with ‘Sell’ Rating, $14 Price Target – Wunderlich
Wunderlish analyst Theodore O’Neill is slapping First Solar (NASDAQ:FSLR) with Sell rating and a Street low $14 price target this morning. The downgrade comes after the co announced it will be mothballing 20% plus of its manufacturing capacity, reducing its workforce and taking multiple charges over the next few quarters. The company says this is [...]
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