In a report released today, Stephen Byrd from Morgan Stanley maintained a Sell rating on First Solar (FSLR – Research Report), with a price target of $54.00. The company's shares closed last Friday at $68.00, close to its 52-week low of $59.60. According to TipRanks.com, Byrd is a 5-star analyst with an average return of 10.4% and a 58.2% success rate. Byrd covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, American Electric Power, and Nextera Energy Partners. The word on The Street in general, suggests a Hold analyst consensus rating for First Solar with a $77.75 average price target.
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First Solar (NASDAQ:FSLR)
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