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Tag Archives: lowers

Broadpoint Maintains First Solar (FSLR) Buy Rating But Lowers Price Target

Yesterday Broadpoint came out reiterating its Buy rating on FirstSolar (FSLR), but lowered the price target to $165 which is still wellabove the current price of $120 Hat tip to StreetInsider.com for the following analyst comment “Following updated cost reduction guidance from poly-based moduleproducers last week, we are reducing our FSLR 2010 estimates to betterreflect [...]

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Piper Jaffray Downgrades GT Solar (SOLR), Lowers Price Target

Piper Jaffray is downgrading GT Solar (SOLR) to Underweight and slashing the price target to $3 following the earnings report. Hat tip to StreetInsider.com for the following comment: “While we believe SOLR’s DSS furnace business is well positioned fora coming expansion cycle and possibly a replacement cycle as thecompany launches its 600KG furnace next year, [...]

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