Needham & Company Upgrades First Solar (FSLR) to Buy on Possible Yieldco, Bookings Strength and Efficiency Gain

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Go back to Needham & Company Upgrades First Solar (FSLR) to Buy on Possible Yieldco, Bookings Strength and Efficiency Gain

First Solar (FSLR) Yieldco Opportunity Overshadows Q2 'Miss', Baird Says

August 6, 2014 9:06 AM EDT

Baird analyst Ben Kallo reiterated an Outperform rating and $87 price target on First Solar (NASDAQ: FSLR), saying the Yieldco opportunity overshadows the quarterly push-out.

Kallo commented, "FSLR missed estimates largely due to delayed timing of revenue recognition from its Desert Sunlight... More

BofA/Merrill Lynch Keeps Underperform on First Solar (FSLR) Post Q2

August 6, 2014 8:23 AM EDT

BofA/Merrill Lynch analyst Krish Sankar reiterated an Underperform rating and $50 price target on First Solar (NASDAQ: FSLR) following weak Q2 results due to project delays.

Sankar notes the cause of the 2Q14 miss is delayed revenue recognition at the Campo Verde project,... More

First Solar (FSLR) CEO said the company is near a decision on forming a YieldCo

August 5, 2014 4:47 PM EDT

First Solar (NASDAQ: FSLR) CEO said the company is near a decision on forming a YieldCo, according to Bloomberg headlines.

Shares remain down 4.5% following its Q2 'miss'.

... More

First Solar, Inc. (FSLR) Misses Q2 Views, Maintains Outlook

August 5, 2014 4:12 PM EDT

First Solar, Inc. (NASDAQ: FSLR) reported Q2 EPS of $0.04, $0.33 worse than the analyst estimate of $0.37. Revenue for the quarter came in at $544 million versus the consensus estimate of $795.88 million.

First Solar, Inc. maintained its FY2014 EPS of $2.40-$2.80, versus the consensus of... More