Movement Alert｜First Solar Rises 5.01% in Regular Trading, UBS Raises Target Price to $330 Maintaining Buy Rating

Market Focus

06/11

On June 11, First Solar rose 5.01% in regular trading, trading at $260.94/share, with turnover of $124 million.

On the news front, UBS raised its target price on First Solar from $290 to $330 while maintaining a buy rating. The upgrade came after the stock had experienced a cumulative decline of nearly 10% over the prior two sessions, driven by analyst downgrades following a divergence between the company's earnings performance and order backlog. UBS's contrarian upgrade has helped restore market confidence. The average analyst rating remains overweight with a mean price target of $249.74 according to FactSet.

Within the Semiconductors sector, the broader industry rebounded strongly. Among individual stocks, Intel up 8.01%, Marvell Technology up 5.63%, Advanced Micro Devices up 4.86%, Micron Technology up 2.94%, NVIDIA up 1.05%, providing additional support to First Solar's recovery.

First Solar is a leading U.S. solar technology company and the world's largest thin-film photovoltaic solar module manufacturer, developing and selling cadmium telluride solar modules that convert sunlight into electricity.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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It does not constitute investment advice or a basis for trading decisions.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FSLR","symbol_name":"第一太阳能","start_time":0,"source_url":"","article_id":"1131169003","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1131169003","pubTimestamp":1781188582,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On June 11, First Solar rose 5.01% in regular trading, trading at $260.94/share, with turnover of $124 million.On the news front, UBS raised its target price on First Solar from $290 to $330 while...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"FSLR":"第一太阳能"},"translate_title":"动向提示|First Solar常规交易涨5.01%瑞银上调目标价至330美元维持买入评级","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FSLR":1},"content_text":"On June 11, First Solar rose 5.01% in regular trading, trading at $260.94/share, with turnover of $124 million.On the news front, UBS raised its target price on First Solar from $290 to $330 while maintaining a buy rating. 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