Cowen analyst Jeffrey Osborne raised the firm’s price target on First Solar to $205 from $195 and keeps an Outperform rating on the shares. The analyst said they delivered solid Q4 results and guided to 2023 revenue above expectations with gross profit guidance assuming the integrated manufacturing tax credit beginning in 1Q23.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on FSLR:
- First Solar (NASDAQ:FSLR) Stock Gains on Promising Q4 Results
- First Solar sees FY23 EPS $7.00-$8.00, consensus $4.77
- First Solar reports Q4 EPS (7c), consensus (15c)
- First Solar, Inc. Announces Fourth Quarter and Full Year 2022 Financial Results and 2023 Guidance
- First Solar announces Lightsource bp places multi-year order for 4 GW
Questions or Comments about the article? Write to editor@tipranks.com