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

down 79.53 %

First Solar, Inc. (FSLR) downgraded to Hold with price target $55 by Ardour Capital

Posted on: Friday,  Oct 28, 2011  11:25 AM ET by Ardour Capital

Ardour Capital rated Hold First Solar, Inc. (NASDAQ: FSLR) on 10/28/2011. Previously Ardour Capital rated Buy First Solar, Inc. (NASDAQ: FSLR) on
05/01/2008., when the stock price was $265.14. Since then, First Solar, Inc. has lost 79.53% as of 10/28/2011's recent price of $54.27.
If you would have followed the previous Ardour Capital's recommendation on FSLR, you would have lost 79.53% of your investment in 1275 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.

# A leading institution in Energy Technology/Alternative Energy & Power/Clean & Renewable Technologies. # Publish in-depth company research and extensive technology-focused reports. # Provides a wide range of financial services for both public and private companies. # Ardour Global Indexes ( a family of pure-play alternative energy indexes. # Sponsors annual invitation-only Energy Technology Conference. # Member of FINRA/SIPC.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/28/2011 11:25 AM Hold
54.27 55.00
as of 12/30/2011
1 Week   
1 Month   
3 Months down  -14.14 %
1 YTD down  -58.29 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/1/2008 11:25 AM Buy
265.14 360.00

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