The company will report after the close today. The stock is currently up $2.03 at $152.25.
Two from SmallCapPulse:
Analyst Comments – Cowen’s Rob Stone reiterated his OUTPERFORM rating on First Solar (Nasdaq:FSLR) this morning, noting that he expects Q3 results above the Street. He sees 30%+ upside in FSLR relative to the market in 12 months, but sees more chance than not of a post quarter pullback....MOREAnd:
Analyst Comments – Cowen’s Rob Stone commented on the solar sector this morning noting that “We are puzzled by recent stock action in the solar group.” He said “H2 demand should support much better momentum and less seasonality entering 2010 than seen in H1:09, and upcoming German and Italian policy changes appear unlikely to be disruptive.” He reiterated his OUTPERFORM rating on First Solar (Nasdaq:FSLR), SunPower (Nasdaq:SPWRA) and Trina Solar (NYSE:TSL). ...MORE