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First Solar price target raised to $150 from $100 at KeyBanc

KeyBanc analyst Sophie Karp raised the firm’s price target on First Solar (FSLR) to $150 from $100 and keeps an Overweight rating on the shares. The firm notes the company reported results largely in line with consensus and narrowed/lowered FY25 guidance due to operational challenges, such as supply chain disruptions and contract terminations.

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