Previous close | 4.5500 |
Open | 7.3600 |
Bid | 4.2500 |
Ask | 5.0500 |
Strike | 170.00 |
Expiry date | 2024-12-20 |
Day's range | 4.5500 - 7.3600 |
Contract range | N/A |
Volume | |
Open interest | 24 |
Recently, Zacks.com users have been paying close attention to First Solar (FSLR). This makes it worthwhile to examine what the stock has in store.
First Solar stock surged for a second straight session Wednesday, driven higher by optimism that artificial intelligence’s demand for power will help the solar company gain market share. On Wednesday, the stock surged 16% to $246.73, on pace for its highest close since 2008 and making it the top performer in the S&P 500, according to Dow Jones Market Data. The shares had gotten a boost Tuesday from UBS, which said First Solar stands to be an AI winner.
First Solar (FSLR) is basking in bullish reviews, with Piper Sandler's Kashy Harrison and UBS's Jon Windham raising their price targets on the company's stock. Harrison has raised his price target to $219, up from $195, while Windham has increased his target to $270 from the previous $252. Favorable tailwinds, including the Inflation Reduction Act and the company's margin growth potential, fuel these lifts. Yahoo Finance's Julie Hyman and Josh Lipton break down the details. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith