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First Solar, Inc. (FSLR) [hlAlert]

Rating:
Buy FSLR
down 65.87 %

First Solar, Inc. (FSLR) rated Buy with price target $107 by Stifel Nicolaus

Posted on: Monday,  Oct 3, 2011  8:25 AM ET by Stifel Nicolaus

Stifel Nicolaus rated Buy First Solar, Inc. (NASDAQ: FSLR) on 10/03/2011. Previously Stifel Nicolaus rated Buy First Solar, Inc. (NASDAQ: FSLR) on
12/15/2010., when the stock price was $140.20. Since then, First Solar, Inc. has lost 65.88% as of 01/15/2016's recent price of $47.84.
If you would have followed the previous Stifel Nicolaus's recommendation on FSLR, you would have lost 65.87% of your investment in 1857 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.

Stifel Nicolaus research focuses on all market caps, but is a leader in small- and mid-cap research. The department is staffed predominately with industry professionals from outside Wall Street. In fact, approximately 50% of its analysts have hands-on work experience in the industry that they research. Stifel Nicolaus believes industry experience, its opportunistic approach, and broad market cap coverage drive excess returns and its award-winning franchise.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/3/2011 8:25 AM Buy
None
61.48 107.00
as of 12/30/2011
1 Week down  -2.70 %
1 Month down  -29.46 %
3 Months down  -46.59 %
1 YTD down  -74.05 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/15/2010 9:25 AM Buy
None
140.20 175.00

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