Thursday, November 8, 2007

Piper Sets New "Street High" Price Target on First Solar (FSLR)

From StreetInsider:

Piper Jaffray raised its price target on First Solar (Nasdaq: FSLR) to $250, following blow-out results and and guidance from the company. Piper just lifted their target from $115 to $200 on 11/06.

Piper said, "Stronger than expected Q3 results and guidance were overshadowed by its announced intention to address the utility market as a solar solution to nearing renewable portfolio standard (RPS) quotas....MORE