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First Solar, Inc. (FSLR) [hlAlert]

down 4.90 %

First Solar, Inc. (FSLR) rated Buy with price target $75 by Needham

Posted on: Wednesday,  Feb 25, 2015  8:25 AM ET by Needham

Needham rated Buy First Solar, Inc. (NASDAQ: FSLR) on 02/25/2015, when the stock price was $56.91. Since then, First Solar,
Inc. has lost 4.90% of its value until Needham rated FSLR Hold on 12/10/2015, when the price was $54.12.
If you would have followed this Needham's recommendation on FSLR, you would have lost 4.9% of your investment in 288 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.

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/10/2015 8:25 AM Hold
as of 8/27/2015
1 Week down  -8.14 %
1 Month down  -7.08 %
3 Months down  -15.41 %
1 YTD down  -15.93 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/25/2015 8:25 AM Buy
56.91 75.00

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