First Solar's shares plummeted 5.08% on Thursday, dragged down by analysts lowering their price targets on the stock following the company's full-year 2024 earnings report.
The solar panel manufacturer reported revenue and net income growth for 2024, but its earnings per share (EPS) missed analyst expectations by 8.6%. While revenue was in line with forecasts, the EPS miss led analysts to trim their price targets on First Solar.
Morgan Stanley cut its price target on First Solar to $238 from $297, though it maintained an Overweight rating. Deutsche Bank lowered its target to $265 from $280 but kept a Buy rating, citing the company's Q4 report.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。