TD Cowen lowered the firm’s price target on First Solar (FSLR) to $200 from $275 and keeps a Buy rating on the shares. The firm noted 2025 guidance was lowered on tariff risk related to Malaysian and Vietnam production. IRA policy uncertainty continues to create challenges with management monitoring FEOC, 45X, and ITC/PTC provisions.
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Read More on FSLR:
- First Solar price target lowered to $186 from $217 at Susquehanna
- First Solar’s Long-Term Growth Potential Amidst Policy Uncertainties: A Buy Recommendation by Ameet Thakkar
- First Solar: Balancing Tariff Challenges and Strategic Growth Opportunities
- First Solar price target lowered to $200 from $205 at Piper Sandler
- First Solar price target lowered to $177 from $191 at Wells Fargo