UPDATE: Jefferies Upgrades First Solar to Buy, Raises PT to $132

Jefferies upgraded its rating on First Solar FSLR from Hold to Buy. At the same time, the rating agency raised its price target on the company's stock from $115 to $132. On Tuesday, FSLR lost 0.18% of its value to end the day at $99.70. Its shares rebounded in today's pre-market trading, rising 2.6% to stand around $102.29.
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Posted In: UpgradesPrice TargetAnalyst RatingsElectrical Components & EquipmentIndustrialsJefferies
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