BofA analyst Dimple Gosai raised the firm’s price target on First Solar (FSLR) to $201 from $185 and keeps a Buy rating on the shares. The firm’s estimates for Q2 are a bit below consensus, reflecting its view on the volume ramp and cost cadence gearing for the second half, but for FY25 its estimates remain slightly ahead of consensus, the analyst notes in a preview while rolling the firm’s valuation to its 2027/2028 EV/EBITDA estimate.
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