Needham analyst Sean Milligan initiated coverage of T1 Energy (TE) with a Buy rating and $6 price target A U.S. buildout pairs the fully-operational 5 GW G1 Dallas module plant with the planned 5 GW G2 Austin cell hub, notes the analyst, who sees this positioning the company to benefit from 45X credits and domestic-content tailwinds. The firm sees improving utilization at G1 and “a credible path to vertical integration in 2027,” the analyst added.
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