When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
FSLR - First Solar: Targets Confirmed Updated U.S. Regulation Creates An Additional Momentum
First Solar Inc.
2024-05-21 09:17:17 ET
Summary
Cadmium Telluride module prices remain consistent despite worsening industry conditions.
Despite another shipment delay, First Solar affirms its FY24 guidance. We’ve seen more positive marketing cost optimization and increased FY25-26 EBITDA forecasts.
Updated US Policies against Chinese products flood are favorable for First Solar.
Current valuation leaves an attractive upside, the rating is BUY.