First Solar in our Pivotal Point Check: US Bill Provides Tailwind - Solar Stock Explodes by 22%!
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US bill brings clarity - tax benefits for solar and wind resources are not being eliminated but are being phased out gradually. Reducing dependence on imports decreases price pressure. Wolfe Research upgrades to "Outperform" and raises the price target to $221. First Solar was able to continue its rally for the fifth consecutive day on Tuesday, May 13, 2025. The stock rose by 22.66% on very high volume. Investors hailed a new proposal from the House Ways and Means Committee aimed at gradually phasing out key tax credits for solar...
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