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Jefferies lowered First Solar's price target to $187, downgrading it to hold.
Jefferies Financial Group lowered First Solar's price target to $187.00 and maintained a "hold" rating, signaling a slight downside potential.
This downgrade comes after the company reported second-quarter earnings of $4.84 per share, which missed the $5.22 consensus estimate, although revenue exceeded expectations.
The stock fell $5.58 to $190.00 on Tuesday amid lower-than-average trading volume.
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Jefferies bajó el precio objetivo de First Solar a 187 dólares, rebajándolo a mantenerse.