First Solar, Nasdaq: FSLR Message Board

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Gold/Mining/Energy : First Solar, Nasdaq: FSLR

FSLR 272.39

+1.7%

3:59 PM EST

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To: Lizzie Tudor who wrote (410)	4/10/2008 10:05:00 AM
From: Road Walker	Read Replies (1) of 912

Canaccord Adams Adds First Solar (FSLR) To Their Best Ideas List 1:30 PM EDT April 8, 2008 Canaccord Adams is reiterating their Buy rating and $325 price target on First Solar (Nasdaq: FSLR) and adds the stock to their Best Ideas List, following a very strong quarter reported last night from First Solar's main feedstock suppler, 5N Plus. Commenting on 5N Plus's results the firm said, "We believe that much of the upside was driven in part by strong demand from First Solar as it continues to ramp its throughput on its existing production." They also said, "We recommend investors add to positions in front of First Solar's Q1 report on the back of 5N's results. With the political backdrop improving for solar stocks in general, reduced near-term execution risk and likely upside to our estimates, we are adding First Solar our Best Ideas list and reiterate our BUY rating and $325 price target." [LJ]

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