Economy

Needham Boosts Rating On First Solar, Inc. (FSLR)

Therefore 75% are positive. 0 analysts gave its stock an Outperform rating.

The company's stock is now moving with a +ve distance from the 200 day SMA of approximately 40.37%, and has a solid year to date (YTD) performance of 70.83% which means that the stock is constantly adding to its value from the previous fiscal year end price. The rating was maintained by BMO Capital Markets on Thursday, August 3 with "Outperform". (NASDAQ:FSLR) earned "Buy" rating by Argus Research on Thursday, November 5. As per Thursday, June 2, the company rating was initiated by Wells Fargo.

First Solar, Inc. (NASDAQ:FSLR) touched its 1-Year High price of $61.47 on 10/30/17 and its 1-Year Low price of $25.56 on 04/06/17. (NASDAQ:FSLR). Cap Investors has invested 0.01% in First Solar, Inc. (NYSE:AME) earned "Buy" rating by Jefferies on Wednesday, September 20. Avondale downgraded First Solar, Inc. Credit Suisse downgraded the stock to "Underperform" rating in Wednesday, February 22 report. On Tuesday, September 1 the stock rating was initiated by Barclays Capital with "Overweight". Deutsche Bank upgraded First Solar, Inc. (NASDAQ:FSLR) rating on Friday, September 15. One analyst has rated the stock with a sell rating, twelve have given a hold rating and thirteen have assigned a buy rating to the stock.

Among 16 analysts covering IMAX (NYSE:IMAX), 12 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. IMAX had 49 analyst reports since July 21, 2015 according to SRatingsIntel.

02/10/2017 - First Solar, Inc. had its "neutral" rating reiterated by analysts at Goldman Sachs. The stock has "Hold" rating by Robert W. Baird on Friday, October 27. The rating was maintained by Cantor Fitzgerald with "Buy" on Wednesday, April 26. The stock has "Market Perform" rating by Leerink Swann on Wednesday, October 28. Bank of America downgraded Waters Corporation (NYSE:WAT) on Tuesday, April 5 to "Neutral" rating. On October 27 the company was set at "Buy" according to a Needham report which was a boost from the previous "Hold" rating. The firm earned "Underweight" rating on Wednesday, July 26 by Morgan Stanley. The firm has "Buy" rating given on Tuesday, October 10 by Wedbush. AMETEK, Inc. (NYSE:AME) has risen 27.71% since November 1, 2016 and is uptrending. It has outperformed by 11.01% the S&P500.

In related news, CFO Alexander R. Bradley sold 566 shares of the stock in a transaction dated Tuesday, August 8th. Shares for $106,807 were sold by SILVEIRA MICHAEL F. Shares for $1.95M were sold by King Ian on Friday, May 5. GLIMCHER LAURIE H M.D. sold $843,720 worth of stock or 4,800 shares.

Waters Corporation is an analytical instrument manufacturer. The company has market cap of $1.57 billion. The Firm operates through seven divisions: IMAX systems; theater system maintenance; joint revenue sharing arrangements; film production and IMAX DMR; film distribution; film post-production, and other. It has a 29.22 P/E ratio. The IMAX systems segment designs, makes, sells or leases IMAX theater projection system equipment. Its up 0.23, from 0.85 in 2017Q1.

Comparing the number of shares sold short over time is a method analysts often use to get a reading on investor sentiment. Jennison Assoc Ltd Co stated it has 6,999 shares. Institutional investors own 53.10% of the company's stock. The Illinois-based State Farm Mutual Automobile Co has invested 0.01% in Waters Corporation (NYSE:WAT). Apg Asset Mgmt Nv holds 27,135 shares or 0.01% of its portfolio. Winslow Evans And Crocker Inc reported 15,168 shares. (NASDAQ:FSLR). Mason Street Limited Company accumulated 0.04% or 38,209 shares. The shares were sold at an average price of $44.23, for a total value of $1,299,654.32. Liberty Mutual Asset holds 5,088 shares or 0.04% of its portfolio. Sfe Invest Counsel reported 40,169 shares or 0.65% of all its holdings. It also reduced its holding in Vanguard World Fds (VDE) by 4,922 shares in the quarter, leaving it with 7,029 shares, and cut its stake in Norfolk Southern Corp (NYSE:NSC).

Short traders are more bearish on First Solar, Inc. recently as implied by the change in short interest. 67 funds opened positions while 102 raised stakes. Parsec Financial Management Inc. purchased a new position in First Solar in the 2nd quarter worth approximately $204,000. (NASDAQ:FSLR). 524 are owned by Weaver C Barksdale And Inc.

02/22/2017 - First Solar, Inc. had its "perform" rating reiterated by analysts at Oppenheimer. (NASDAQ:FSLR) or 180 shares. California Employees Retirement has invested 0.02% in First Solar, Inc. James Rech owns 56,190 shares. Also, EVP Christopher Bueter sold 29,384 shares of First Solar stock in a transaction on Friday, August 5th. (NASDAQ:FSLR) earned "Buy" rating by Axiom Capital on Wednesday, July 19. (NASDAQ:FSLR) for 190,386 shares. Captrust Fincl Advsr invested in 0% or 300 shares. Daiwa Grp invested 0.01% of its portfolio in First Solar, Inc. (NASDAQ:FSLR). First Advsrs LP owns 216,137 shares for 0.02% of their portfolio.

Since May 3, 2017, it had 1 buy, and 0 sales for $147,542 activity. 4,000 shares were bought by PRESBY J THOMAS, worth $147,542 on Thursday, May 11. $96,145 worth of First Solar, Inc. (NASDAQ:FSLR) was sold by Schumaker Bryan Robert on Wednesday, May 3.

Commerzbank Aktiengesellschaft increased its stake in First Solar Inc (FSLR) by 72.45% based on its latest 2017Q2 regulatory filing with the SEC.



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