Cowen Trims PT on First Solar (FSLR) Following Q2 Results; Some Execution Risk Remains
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UBS Comments on First Solar (FSLR) Following Q2 Earnings Results
August 6, 2014 9:31 AM EDTUBS maintained a Neutral rating on First Solar (NASDAQ: FSLR) and reduced its price target to $70.00 (from $75.00). The change follows Q2 results.
Analyst Stephen Chin said, "We highlight strong bookings of +800MW, mid-late pipeline of 1.3GW (near flat q/q), and a new cell efficiency record of 21.4% as building... More
First Solar (FSLR) Yieldco Opportunity Overshadows Q2 'Miss', Baird Says
August 6, 2014 9:06 AM EDTBaird 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 EDTBofA/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, Inc. (FSLR) Misses Q2 Views, Maintains Outlook
August 5, 2014 4:12 PM EDTFirst 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
