In a report released today, Joseph Osha from JMP Securities maintained a Sell rating on First Solar (NASDAQ: FSLR), with a price target of $45. The company’s shares closed yesterday at $53.67.
According to TipRanks.com, Osha is a 3-star analyst with an average return of 8.9% and a 59.4% success rate. Osha covers the Industrial Goods sector, focusing on stocks such as Acuity Brands, Hubbell B, and Sunrun.
The word on The Street in general, suggests a Hold analyst consensus rating for First Solar with a $71.50 average price target.
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The company has a one-year high of $81.72 and a one-year low of $45.26. Currently, First Solar has an average volume of 2.62M.
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First Solar, Inc. engages in designing, manufacturing, marketing, and distribution of photovoltaic solar power systems and solar modules. It operates through the Components and Systems segments. The Components segment involves in the design, manufacture, and sale of cadmium telluride solar modules, which convert sunlight into electricity.
