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First Solar price target raised to $203 from $194 at BMO Capital

BMO Capital raised the firm’s price target on First Solar (FSLR) to $203 from $194 and keeps an Outperform rating on the shares after its Q2 earnings beat. The company’s July bookings outweigh it weaker than expected FY25 margins, the analyst tells investors in a research note. BMO adds however that despite finalization of OBBBA legislation, the policy environment “remains fluid”.

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