Jefferies analyst Julien Dumoulin-Smith raised the firm’s price target on First Solar (FSLR) to $194 from $192 and keeps a Buy rating on the shares. The firm sees a “bumpy” Q2 report, saying First Solar is one of the “most macro-entangled name within renewables.” However, Jefferies expects clarity on the Inflation Reduction Act to drive up volumes in 2026.
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