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Needham & Company LLC Issues Positive Forecast for First Solar (NASDAQ:FSLR) Stock Price
Needham & Company LLC has raised its price target for First Solar (NASDAQ:FSLR) to $303 from $286, maintaining a “buy” rating and implying a 26.04% potential upside. This positive forecast comes as other analysts have also increased their price targets for the solar cell manufacturer. First Solar currently trades around $240.40 with a market cap of $25.8 billion, and institutional investors own approximately 92.08% of the stock.