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First Solar Stock Could Still Have Room to Run

TheMotleyFool 
0 0 30.11.17
First Solar Stock Could Still Have Room to Run
 
First Solar Stock Could Still Have Room to Run

First Solar (NASDAQ: FSLR) stock has more than doubled in the past year on stronger-than-expected solar demand for the industry overall. And it hasn't hurt that the fear of solar tariffs has given developers an incentive to lock up First Solar's tariff-free panels in long-term contracts. 

There's also reason to think First Solar's stock has room to run higher, because conditions in the solar industry more broadly look favorable and are especially likely to help First Solar in particular. Here's how shares could get a further boost. 

Image source: First Solar.

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Source: Fool.com

First Solar Inc. Stock

€203.30
1.980%
First Solar Inc. gained 1.980% today.
The stock is an absolute favorite of our community with 57 Buy predictions and no Sell predictions.
As a result the target price of 240 € shows a slightly positive potential of 18.05% compared to the current price of 203.3 € for First Solar Inc..
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