First Solar (NASDAQ:FSLR) was downgraded today by Goldman Sachs (NYSE:GS) to neutral from buy with a price target of $24 to neutral from buy with a price target of $24 due to a lack of any near term catalyst for the stock price to appreciate.
Shares are higher by about 11.9 percent.
SAP (NYSE:SAP) was downgraded today to neutral from overweight by HSBC (NYSE:HBC), as the company is struggling with its North American strategy.
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