T1 Energy price target raised to $15 from $7 at Roth Capital

Roth Capital analyst Philip Shen raised the firm’s price target on T1 Energy (TE) to $15 from $7 and keeps a Buy rating on the shares. The firm names the stock its “top pick” as it represents a compelling opportunity for investors seeking exposure to US solar manufacturing supported by policy like FEOC and Section 232, the analyst tells investors in a research note. Roth adds that it expects selling prices to be supported by protectionist policies and increasing power demand.