Friday, February 19, 2010

"UBS Cuts First Solar to Neutral; Has Had a Buy Rating on the Stock Since Dec. '07" "Cowen's Stone Comments on First Solar Results" (FSLR)

Following up on the post below, "ThinkEquity, Merriman Curhan Ford Downgrade First Solar, Wedbush Lowers Price Target. Plus the Earnings Call Transcript (FSLR)".

StreetInsider has been awesome on the analyst coverage, SmallCapPulse is giving them a run for their money. There's enough negativity that the stock will more than likely end the day up from the current $116.50, down $9.79. First up StreetInsider:
An analyst at UBS has just downgraded shares of First Solar (FSLR) following its Q4 earnings report last night. The firm now rates First Solar a Neutral, down from Buy previously. UBS said it is concerned with First Solar's margins....MORE
And from SmallCapPulse:
Cowen’s Rob Stone weighed in this morning on First Solar’s (FSLR) earnings report reiterating his OUTPERFORM rating, maintaining his view of 40%+ upside for the stock vs. the market in 12 months. He acknowledged that pending German FiT reductions may be a near term headwind to the stock, but thinks risks to the 2010 model we “well hedged, aided by a strong systems outlook.” ...MORE