tag:blogger.com,1999:blog-9310432.post5176173074828713200..comments2024-03-28T13:36:17.850-05:00Comments on The Green Skeptic: Clean Tech: First Solar 4Q Surge Beats Expectationsgreenskeptichttp://www.blogger.com/profile/11794484456743626107noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-9310432.post-8229514870274433822008-02-14T15:51:00.000-05:002008-02-14T15:51:00.000-05:00Thanks, Anonymous!Piper Jaffray raised its price t...Thanks, Anonymous!<BR/><BR/>Piper Jaffray raised its price target on First Solar to $280 per share, from $250 per share, in response to the quarter.<BR/><BR/>"We continue to believe that FSLR is the only solar [manufacturer] capable of providing utilities with a solution to meet renewable portfolio standards near term, thereby substantially increasing its addressable market and growth prospects," the report states. "We do not see any near-term threats to FSLR stemming from new entrants into the [cadmium-telluride] market or any other thin-film technology."<BR/><BR/>See greentech media post:<BR/><BR/>http://www.greentechmedia.com/articles/first-solar-rides-high-590.htmlThe Green Skeptichttps://www.blogger.com/profile/14109745749448651817noreply@blogger.comtag:blogger.com,1999:blog-9310432.post-36526980074114616532008-02-13T18:40:00.000-05:002008-02-13T18:40:00.000-05:00Piper Jaffray raises its price target on First Sol...Piper Jaffray raises its price target on First Solar (Nasdaq: FSLR) from $250 to $280, reiterating its Buy rating, following another beat and raise quarter.<BR/><BR/>The firm said, "We continue to believe that FSLR is the only solar OEM capable of providing utilities with a solution to meet renewable portfolio standards near term thereby substantially increasing its addressable market and growth prospects. FSLR's products continue to penetrate rooftop markets (~45% in Germany was rooftop), thereby putting to rest the bear case of their rigid substrates. FSLR is targeting a complete ramp up of their 4 Malaysian plants in 4Q09 bringing the company's total<BR/>production capacity to 1GW. We do not see any near term threats to FSLR stemming from new entrants into the CdTe market or any other thin film technology."<BR/><BR/>The firm also said channel checks indicated that FSLR panels generate the best energy yield (highest output per rated watt) with extremely low defect density.Anonymousnoreply@blogger.com