First Solar Inc (NASDAQ: FSLR) stock closed at $239.84 on 9/11/24 after a major increase of 15.2%. Moreover, trading volume in this advance was exceptionally high at 261% of normal. The stock has risen 12.7% during the last week and 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 63 and a very high Power Rating of 93, and the Highest Value Trend Rating results.
Rating Review
In light of this very positive 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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