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First Solar price target raised to $260 from $212 at Jefferies

Jefferies raised the firm’s price target on First Solar (FSLR) to $260 from $212 and keeps a Buy rating on the shares. The firm sees a solid setup for First Solar on the back of “decent” Q3 bookings, the analyst tells investors in a research note. Jefferies still looks for clarity on margin recovery and tariff impact long-term.

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