Liberation Day tariffs positive for First Solar, says Wells Fargo

Commenting on the new tariffs announced by President Trump, Wells Fargo says that “Liberation Day” brought fireworks, but whether that’s good or bad depends on the vantage point. The firm believes it is positive for First Solar (FSLR). However, it sees it as a modest negative for the rest of its solar coverage. Wells estimates module prices could increase by 3c-6c/w due to tariffs.