First Solar downgraded on demand, poly price drop

Sliding polysilicon prices and weak demand in Europe could pressure First Solar Inc.'s shares, said one analyst on Tuesday as he downgraded the company's stock.

Shares of the nation's largest solar-panel maker fell $10, or 5.2 percent, to $181.72 in midday trading.

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Labels: downgrade, First Solar Inc, solarstocks

posted by Ertai at 1:25 AM