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Enter Symbol:
Rating: FSLR
Outperform $66

First Solar, Inc. (NASDAQ: FSLR) upgraded to Outperform with price target $66 by Oppenheimer

Thursday,  Dec 10, 2015  9:25 AM ET by Lynn Gilbert

Oppenheimer upgraded First Solar, Inc. (NASDAQ: FSLR) to Outperform with price target
$66. Previously, Oppenheimer rated First Solar, Inc. (NASDAQ: FSLR) to Perform with price target $143 on 04/29/2010, when the stock price was valued at $144.74.

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.

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.

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