FSLR is trading 3.1% down at $238.62, consolidating after a sharp multi-day run fueled by recent bullish analyst calls.
- This appears to be a technical pullback and consolidation, rather than a reaction to any new company-specific news or macro shock.
- The move follows Bank of America’s price target hike to $291 and other positive coverage.
- Major indices are up modestly, suggesting the decline is stock-specific.