BTIG raised the firm’s price target on T1 Energy (TE) to $7 from $3 and keeps a Buy rating on the shares. The company has announced a minority investment in Talon PV, a VC-backed company looking to build a 4.8GW solar cell plant with commercial production targeted for Q1 of FY27, and while the initial investment looks to be modest, it should help diversify T1’s U.S. TOPCon cell supply chain, the analyst tells investors in a research note.
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