“First Solar Plummets: Citi Slaps ‘Sell’ Rating as Analysts Foresee Grim Future Ahead!”
First Solar Inc., the “undisputed leader in domestically made modules for utility scale solar in the U.S.,” is facing a “challenging” long-term outlook, according to Citi Research analyst Vikram Bagri. He downgraded his rating on the stock to sell from neutral, causing First Solar shares to recede more than 2% in pre-market trading. Bagri expects […]