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M&T Bank Corp Buys 36,469 Shares of First Solar, Inc. $FSLR
M&T Bank Corp significantly increased its stake in First Solar, Inc. (NASDAQ:FSLR) by 315.1% in Q4, acquiring an additional 36,469 shares to own a total of 48,043 shares valued at approximately $12.55 million. Despite some analysts trimming price targets, the consensus rating for First Solar remains a “Moderate Buy” with an average target of $244.49. The company reported mixed Q4 results with EPS missing estimates but revenue beating expectations and growing 11.1% year-over-year.