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First Solar (FSLR) +6.6% premarket as Goldman Sachs upgrades shares to Buy from Neutral with a...

First Solar (FSLR) +6.6% premarket as Goldman Sachs upgrades shares to Buy from Neutral with a $64 price target (from $43), citing strong free cash flow, a low bar and reasonable valuation. Goldman sees "execution on an industry-leading 2.5GW backlog of predominantly North American projects positioning First Solar to generate $5-$6 of free cash flow per share annually through 2015."
Comments (4)
  • xwinner
    , contributor
    Comments (15) | Send Message
     
    Bla Bla Bla...

     

    When GS upgrade it is often a trap

     

    Take money and run out !
    30 May 2013, 09:06 AM Reply Like
  • inkyx
    , contributor
    Comments (384) | Send Message
     
    I would imagine it's more like you're trying to get out of your short position than GS pumping and dumping. Take your loss and cry!
    30 May 2013, 09:50 AM Reply Like
  • xwinner
    , contributor
    Comments (15) | Send Message
     
    better to stay out of FSLR, to dangerous, no short no buy and spend your money for pleasure is better for your health ;-)
    31 May 2013, 09:07 AM Reply Like
  • PlanetThoughts
    , contributor
    Comments (43) | Send Message
     
    The PV solar energy, and renewables in general, are becoming more and more widely accepted. It is due to a combination of lower costs, more supporting infrastructure for installation and financing, and last but not least, greater awareness and preparedness to do something "unusual" to save money and to avoid exposure to volatility in fossil fuel costs.

     

    All of this adds up to a great medium to long-term future for solar and renewable companies. Of these companies, FSLR is one of the leaders, they are profitable, have lots of cash, and have both thin film and now silicone. Apparently they are well-managed. I think some of the negativity here is based on surface information, without understanding market trends and market leadership.
    10 Jun 2013, 10:33 AM Reply Like
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