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Enter Symbol:
 
First Solar, Inc. (FSLR) [hlAlert]

Rating:
Underperform
FSLR
down 44.02 %

First Solar, Inc. (FSLR) rated Underperform by BofA/Merrill

Posted on: Wednesday,  Feb 27, 2013  8:25 AM ET by BofA/Merrill

BofA/Merrill rated Underperform First Solar, Inc. (NASDAQ: FSLR) on 02/27/2013, when the stock price was $26.78. Since
then, First Solar, Inc. has gained 78.64% as of 01/15/2016's recent price of $47.84.
If you would have followed this BofA/Merrill's recommendation on FSLR, you would have lost 44.02% of your investment in 1052 days.

First Solar, Inc. designs and manufactures solar modules using a thin film semiconductor technology. Its solar modules employ a thin layer of cadmium telluride semiconductor material to convert sunlight into electricity. It has long-term solar module supply contracts (the Long Term Supply Contracts) with 12 European project developers and system integrators. Its customers develops, owns and operates solar power plants or sells turnkey solar power plants to end-users that include owners of land, owners of agricultural buildings, owners of commercial warehouses, offices and industrial buildings, public agencies, municipal government authorities, utility companies, and financial investors that desire to own large scale solar power plant projects.

BofA/Merrill
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/27/2013 8:25 AM Sell
None
26.78
as of 12/13/2013
1 Week up  7.27 %
1 Month up  16.21 %
3 Months down  -40.73 %
1 YTD down  -100.85 %

(*) Stock Price at the time of the recommendation.
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