This morning, Jefferies lowered its price target on shares of First Solar (NASDAQ:FSLR) to $21 as the company's new guidance is not realistic. With the lower price target, Jefferies reduced its EPS estimates and maintained its hold rating.
Shares of FSLR were lower by 3.8% on the news today.
And UBS lowered its price target on shares of General Motors (NYSE:GM) to $30 as a cautious North American outlook from the company should worry investors. UBS also lowered its EPS estimates, but maintained its buy rating.
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