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

Rating:
Buy FSLR
down 56.11 %

First Solar, Inc. (FSLR) rated Buy with price target $145 by Lazard Capital Mkts

Posted on: Tuesday,  Mar 3, 2009  12:25 PM ET by Lazard Capital Mkts

Lazard Capital Mkts rated Buy First Solar, Inc. (NASDAQ: FSLR) on 03/03/2009, when the stock price was $109.02.
Since then, First Solar, Inc. has lost 56.12% as of 01/15/2016's recent price of $47.84.
If you would have followed this Lazard Capital Mkts's recommendation on FSLR, you would have lost 56.11% of your investment in 2509 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.

Lazard Capital Markets’ research team is broadly recognized for its insight, thoroughness, and objectivity. Lazard Capital Markets’ goal is to help our clients make the best-informed decisions by providing timely, thoughtful analysis as well as access to company management teams and industry thought leaders. Lazard Capital Markets’ industry-focused analysts strive to identify emerging sector trends as well as bottom-up fundamental issues affecting their stocks under coverage. We add value by conducting extensive primary survey work, hosting proprietary events, cultivating industry contacts, and participating in relevant industry conferences.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/3/2009 12:25 PM Buy
None
109.02 145.00
as of 12/31/2009
1 Week up  10.17 %
1 Month up  23.75 %
3 Months down  -3.56 %
1 YTD up  35.21 %

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