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First Solar price target raised to $255 from $254 at BofA

BofA raised the firm’s price target on First Solar (FSLR) to $255 from $254 and keeps a Buy rating on the shares. Q3 results were broadly in line with consensus, but below BofA estimates, notes the analyst, who makes “minimal changes” to the firm’s FY26-28 estimates. The firm continues to view First Solar as “the structurally advantaged domestic supplier with durable pricing leverage and IRA/FEOC alignment,” the analyst added.

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