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First Solar Inc. (NDAQ:FSLR) stock price target increased to $65.00, issued a ratings update today by Deutsche Bank

Yesterday First Solar Inc. (NDAQ:FSLR) traded 4.17% higher at $50.45. The company’s 50-day moving average is $47.87 and its 200-day moving average is $38.11. The last stock close price is up 32.37% relative to the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the date range. Volume of trade was up over the average, with 5,396,210 shares of FSLR changing hands over the typical 2,086,490

Deutsche Bank upped the price target of First Solar Inc. (NDAQ:FSLR) to $65.00 indicating a possible upside of 0.29%.

See Chart Below

First Solar Inc. (NDAQ:FSLR)

First Solar Inc. has with a 52 week low of $25.56 and a 52 week high of $51.84 and has a market capitalization of $0.

In addition to Deutsche Bank reporting its stock price target, a total of 18 brokerages have issued a research note on FSLR. The one year target is $70.45 with six analysts rating the company a strong buy, six analysts rating the company a buy, ten analysts rating the company a hold, zero analysts rating the company a underperform, and lastly zero analysts rating the company a sell.

More About First Solar Inc. (NDAQ:FSLR)

First Solar, Inc. is a provider of photovoltaic (PV) solar energy solutions. The Company designs, manufactures and sells PV solar modules with a thin-film semiconductor technology. The Company also develops, designs, constructs and sells PV solar power systems that primarily use the modules it manufactures. It operates through two segments: components and systems. The components segment is engaged in the design, manufacture and sale of cadmium telluride (CdTe) solar modules, which convert sunlight into electricity. The systems segment includes the development, construction, operation and maintenance of PV solar power systems, which primarily use its solar modules. In addition, the Company provides operations and maintenance (O&M) services to system owners that use solar modules manufactured by it or by third-party manufacturers. The Company's solar modules had an average rated power per module of approximately 114 watts, as of December 31, 2016.

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