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Legal & General Buys 649,113 Shares of First Solar for $153M

First Solar logoFirst Solar
Sig1.70Sen+2.60Env0.00Soc0.00Gov0.00

Legal & General Group Plc purchased 649,113 First Solar shares worth about $153.17 million, while Pictet Asset Management Holding SA increased its stake by 29.3% in the first quarter. First Solar’s latest quarter beat EPS expectations, though revenue fell year over year. Multiple analysts reiterated buy ratings and raised price targets, suggesting potential upside.

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