RBC Capital lowered the firm’s price target on First Solar (FSLR) to $214 from $237 and keeps an Outperform rating on the shares after its Q1 earnings miss and guidance cut. Tariffs are disrupting the company’s operations, and while there are options on the table to minimize the longer-term impacts, First Solar is in a holding pattern until it gets additional clarity on the IRA and final tariff rates, the analyst tells investors in a research note.
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