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

Mkt Perform
up 86.29 %

First Solar, Inc. (FSLR) rated Mkt Perform with price target $210 by Friedman Billings

Posted on: Tuesday,  Oct 14, 2008  8:25 AM ET by Friedman Billings

Friedman Billings rated Mkt Perform First Solar, Inc. (NASDAQ: FSLR) on 10/14/2008. Previously Friedman Billings rated Underperform First Solar, Inc. (NASDAQ: FSLR)
on 07/31/2008., when the stock price was $296.50. Since then, First Solar, Inc. has lost 46.32% as of 10/14/2008's recent price of $159.16.
If you would have followed the previous Friedman Billings's recommendation on FSLR, you would have gained 86.29% of your investment in 75 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.

FBR Capital Markets is a full service investment banking, institutional sales, trading and research and asset management firm with a customer-focused and innovative approach to meeting its clients needs. It focuses its banking, advisory, trading and research efforts on seven broad industry sectors including consumer, diversified industrials, energy & natural resources, financial institutions, insurance, real estate and technology, media & telecom. With our headquarters in the Washington, D.C. metropolitan area, our Economic and Washington Policy Analysis groups offer clients a comprehensive overview of national economic trends along with a unique perspective on the impact that legislation and regulation will have on industry sectors and individual companies
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/25/2009 8:25 AM Hold
111.24 110.00
as of 12/24/2008
1 Week up  2.54 %
1 Month up  13.61 %
3 Months down  -8.86 %
1 YTD up  6.88 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/19/2008 8:25 AM Hold
103.05 120.00
10/14/2008 8:25 AM Hold
159.16 210.00
7/31/2008 8:25 AM Sell
296.50 210.00
5/21/2008 8:25 AM Sell
291.06 200.00

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