Reported 23 days ago
RBC Capital has raised its price target for First Solar (NASDAQ:FSLR) from $188 to $200 while maintaining an Outperform rating. This adjustment is based on anticipated policy developments that could enhance demand for U.S. solar manufacturers, including First Solar, especially as solar developers rush to secure benefits before the Investment Tax Credit phases out. First Solar specializes in environmentally friendly solar modules and operates recycling facilities that recover over 90% of materials. The firm is positioned for continued growth in the solar market.
Source: YAHOO