First Solar (FSLR -8.5%) is cut to Neutral from Buy at Collins Stewart, which cites risks around a California facility after payment on a $646M Department of Energy loan is held up over a construction permit. "FSLR will not be able to recognize revenues from Antelope Valley construction unless a sale is completed and funded," analyst Dan Ries writes.
First Solar (FSLR ) resistance level is $50 and support level is $43.68.
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