TD Cowen raised the firm’s price target on First Solar (FSLR) to $260 from $240 and keeps a Buy rating on the shares. The firm said the midpoint of 2025 guidance was mainly lowered due to glass supply constraints and a contract termination with BP. Plans for a finishing plant in the U.S. for modules from international production reduce tariff and FEOC exposure.
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Read More on FSLR:
- First Solar price target raised to $275 from $253 at Morgan Stanley
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