Deutsche Bank analyst Corinne Blanchard downgraded First Solar (FSLR) to Hold from Buy with a price target of $245, down from $300, following “disappointing” Q4 results and a “weak” 2026 outlook. The firm notes challenging conditions in the market, tariffs impacting the movement of volumes from India to the U.S. and overall portfolio changes with the onshoring of the finishing linie.
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