First Solar Inc (NASDAQ: FSLR) stock closed at $194.02 on 11/6/24 after a major decline of -10.1%. Moreover, trading volume in this decline was exceptionally high at 509% of normal. The stock has declined -2.8% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
FSLR is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
First Solar has a current Value Trend Rating of A (Highest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. First Solar has a slightly positive Appreciation Score of 61 and a very high Power Rating of 89, resulting in the Highest Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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