Wells Fargo caught up with First Solar (FSLR) ahead of the quarter to discuss the Senate bill and notes that the company is experiencing strong demand from customer inquiries. While details of the “One Big Beautiful” bill remain fluid, the firm expects a significant pull forward of demand to support its 2025-27 estimates, adding that the excise tax, if enacted, should boost valuation. The firm has an Overweight rating and $177 price target on First Solar shares.
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