First Solar Shares Rise After KeyBanc Removes Underweight Rating
Yahoo Finance
First Solar (NASDAQ:FSLR) shares rose in pre-market trading after KeyBanc upgraded the solar technology company to Sector Weight from Underweight. The upgrade was driven by valuation following a 32% year-to-date decline in the stock, bringing it closer to KeyBanc's previous price target. KeyBanc noted that the company's advanced manufacturing tax credits and cash contribute approximately $135 per share to its valuation.
Read the full story
This is a short summary. The complete article is published by Yahoo Finance.
Headline and summary aggregated from public news feeds. For information only — not financial advice.