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

Rating:
Mkt Perform
FSLR

First Solar, Inc. (FSLR) rated Mkt Perform with price target $110 by FBR Capital Markets

Posted on: Thursday,  Apr 30, 2009  8:25 AM ET by FBR Capital Markets

First Solar, Inc. (FSLR) rated
Mkt Perform with price target $110 by FBR Capital Markets.

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 research group uses a highly disciplined analysis focused on intrinsic value, which we developed to critically examine the capital structure of the companies we cover, as well as their competitive positions and the growth opportunities within their industries. We apply this discipline – which helps us assess how effectively a company’s managers deploy the capital entrusted to them – not only in our published research but also when making investing and underwriting judgments.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/30/2009 8:25 AM Hold
None
187.75 110.00
as of 12/31/2009
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/6/2009 8:25 AM Hold
None
135.23 100.00

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