Truist Sees Around 50% Price Potential for First Solar
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Upgraded to "Buy": Truist raises the rating from "Hold" to "Buy" and increases the price target from $229 to $270. Improved Pricing: Analysts expect a persistently favorable pricing environment for the U.S. solar module manufacturer well into the 2030s. Stronger Moat: Trade-related protective measures under Section 232 against unchecked inventory buildup solidify market position. The U.S. investment bank Truist has fundamentally revised its evaluation of the photovoltaic company First Solar (FSLR). Analysts upgraded the stock...
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