Cibc World Market Inc. significantly increased its stake in First Solar, Inc. (NASDAQ:FSLR) by 316.7% in the third quarter, acquiring an additional 18,284 shares, bringing its total holdings to 24,058 shares valued at approximately $5.31 million. Institutional investors collectively own 92.08% of First Solar stock. Wall Street analysts maintain a “Moderate Buy” consensus rating for FSLR, with a target price of $275.61, despite some recent target adjustments and one downgrade to “Hold.”
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Cibc World Market Inc. Buys 18,284 Shares of First Solar, Inc. $FSLR
Cibc World Market Inc. significantly increased its stake in First Solar, Inc. (NASDAQ:FSLR) by 316.7% in the third quarter, acquiring an additional 18,284 shares, bringing its total holdings to 24,058 shares valued at approximately $5.31 million. Institutional investors collectively own 92.08% of First Solar stock. Wall Street analysts maintain a “Moderate Buy” consensus rating for FSLR, with a target price of $275.61, despite some recent target adjustments and one downgrade to “Hold.”