Susquehanna analyst Charles Minervino lowered the firm’s price target on First Solar (FSLR) to $186 from $217. The firm said they reported 1Q results with a miss on EPS, as 1Q had lower than expected shipments to the U.S. The company is lowering its FY’25 guidance for volume and profitability due to tariffs, as its Malaysian, Vietnam, and India facilities are exposed to varying degrees.
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