Tag Archives: analysts

Analyst Reactions to First Solar (FSLR) Results; Piper Jaffray: "Buy On Weakness"

Hat tip to Street Insider for the following analyst comments on FSLR following earnings:

Citi: 09 guidance cut due primarily to decision to vendor finance a portion of 09 shipments.  Citi is concerned about compressing margins and increasing inventories.  Maintains Hold rating but is cutting estimates and price target goes from 170 to 160

Deutsche Bank: believes FSLR may still be best positioned solar company but is cautious due to customer, industry and macro … Read the rest