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First Solar, Inc. (FSLR) [hlAlert]

Neutral FSLR

First Solar, Inc. (FSLR) rated Neutral with price target $70 by Credit Suisse

Posted on: Thursday,  Mar 20, 2014  9:25 AM ET by Credit Suisse

Credit Suisse rated Neutral First Solar, Inc. (NASDAQ: FSLR) on 03/20/2014. Previously Credit Suisse rated Outperform First Solar, Inc. (NASDAQ: FSLR) on
06/01/2009., when the stock price was $192.15. Since then, First Solar, Inc. has lost 19.31% as of 07/31/2009's recent price of $155.05.
If you would have followed the previous Credit Suisse's recommendation on FSLR, you would have lost 19.3% of your investment in 60 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.

Excellence in equity and fixed income research is a hallmark of Credit Suisse. Globally, our equity research analysts provide in-depth coverage of over 2,500 companies and engage in a knowledge-sharing, value added culture that has yielded the most insightful product for our customers and tremendous competitive results. Additionally, Credit Suisse's powerful macro-economic and debt strategy teams integrate the bank's comprehensive company research with keen market perspectives of the ever-shifting investment terrain.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/20/2014 9:25 AM Hold
70.48 70.00
as of 10/17/2014
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/19/2010 10:25 AM Hold
116.90 115.00
7/31/2009 8:25 AM Hold
6/1/2009 9:25 AM Buy
192.15 200.00
4/30/2009 9:25 AM Buy
187.75 175.00
10/29/2008 9:25 AM Buy
116.86 150.00
7/31/2008 9:25 AM Buy
296.50 350.00
12/10/2007 9:25 AM Buy
234.00 250.00
11/6/2007 9:25 AM Buy
164.25 165.00

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