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First Solar has an average rating of overweight and mean price target of $196.36, according to analysts polled by FactSet.
First Solar has entered into a quantum dot supply agreement with UbiQD, paving the way for the incorporation of the technology into First Solar's thin film bifacial photovoltaic solar panels, UbiQD said Wednesday.
UbiQD said it will supply fluorescent quantum dot technology to First Solar under their exclusive, multiyear agreement, which is expected to allow early adoption of the technology in thin film modules.
The companies also expanded their photovoltaic research and development collaboration on utility-scale solar performance optimization.
Check out the companies making headlines yesterday:
CACI : Defense, intelligence, and IT solutions provider CACI International fell by 3% on Tuesday after an analyst at Raymond James downgraded the stock to "Market Perform" from "Outperform." See our full article here.
Is now the time to buy CACI? Access our full analysis report here, it’s free.
Bank of America : Financial services giant Bank of America fell by 3% on Tuesday after analyst at HSBC downgraded the stock to "hold" from "buy." See our full article here.
Is now the time to buy Bank of America? Access our full analysis report here, it’s free.
First Solar : Solar panel manufacturer First Solar fell by 5.5% on Tuesday after continued weakness in the clean energy sector driven by concerns over new tariffs and changes to government subsidies. See our full article here.
Is now the time to buy First Solar? Access our full analysis report here, it’s free.
Merit Medical Systems : Medical device company Merit Medical Systems rose by 4.6% on Tuesday after Needham reiterated its "Buy" rating and a $108 price target on the stock. See our full article here.
Is now the time to buy Merit Medical Systems? Access our full analysis report here, it’s free.
JPMorgan Chase : Global financial services giant JPMorgan Chase fell by 3.5% on Tuesday after a downgrade by analysts at HSBC to "Reduce" from "Hold." See our full article here.
Is now the time to buy JPMorgan Chase? Access our full analysis report here, it’s free.
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