DEATH BEFALLS $FSLR, SHARES CLOWN PUNCH LOWER AFTER ANALYST DOWNGRADE

A future unemployed lad from Deutsche Bank downgraded FSLR today, causing great misery and pain for lovers of hideous solar’d panels. In his childish report, he cited ‘slower than expected ramp in bookings’ and a ‘likely pause in demand ahead of the series 5 ramp and potential increase in pricing pressure, driven by aggressive bidding environment from the developers in international segments.’

It’s all a bunch of nonsense, really. All of these issues were known. Price target comes barreling down from $80 to $44.

You’d think this bodes poorly for a TSLA-SCTY tie up, now that the industry leader is left in shambles. But SCTY is up–because we live in a fucked up world.