First Solar Soars After Q2 Beat, Price Targets Hiked

By | August 5, 2015

Scalper1 News

First Solar (FSLR) stock was up 17% in afternoon trading Wednesday as analysts trumpeted the solar panel maker’s “across the board” second-quarter beat. In Q2, First Solar nearly tripled Wall Street’s per-share earnings forecast and posted $896 million in revenue, up 65% from the year-earlier quarter and well ahead of analyst views of $752 million. At least three analysts upped their price targets on First Solar stock. Needham & Co., however, cut Scalper1 News

Scalper1 News