From The Fly via Yahoo Finance (words I never imagined typing), June 18:
Apple downgraded, Kroger upgraded: Wall Street's top analyst calls
....Janney Montgomery Scott downgraded First Solar (FSLR) to Neutral from Buy with a fair value estimate of $260, up from $236. After having recently had the chance to catch up with First Solar management heading into the end of the quarter, the firm thinks its updated valuation construct is "more in line with how the buyside is currently thinking," adding that it thinks core EPS margin expansion "could be tougher from current levels."....
....MORE, the rest of the ups and downs.
Since we noted that the stock was trading strangely on June 11:First Solar As Meme Stock (FSLR)
It's the action since last week that seemed inexplicable:
And then that the stock was extended on June 13: "First Solar Received Some Nice Words From Oppenheimer And Baird; IBD Says "Extended" (FSLR)", the stock has dropped 40 bucks and doesn't seem to have a lot of support:
One month of prices via TradingView, in very late pre-market action the stock is giving back Tuesday's $1.04 uptick, down $1.21 at $261.16 last.
