Wunderlich Securities Reiterates First Solar Sell, $125 PT (FSLR)

Wunderlich Securities reiterated its First Solar FSLR Sell rating and $125 price target in a research report published today. In the report, Wunderlich Securities states, "First Solar (FSLR) will report 1Q11 results Tuesday, May 3, after the close. According to FactSet, the Street is looking for revenue and EPS of $555 million and $1.16, respectively. Our view on FSLR's business remains unchanged. We reiterate our Sell rating and $125 price target on FSLR shares." Shares of First Solar were trading at $138.46 at the time of posting, down 0.80% from Friday's market close.