Susquehanna raised the firm’s price target on First Solar (FSLR) to $285 from $273 and keeps a Positive rating on the shares. The firm said they reported 3Q results, with a beat on both EPS and revenue and also announced a new 3.7 GW U.S. manufacturing finishing line for its Series 6 international production, which is expected to begin ramping in 4Q’26 and will be eligible for 45x credits and is expected to be FEOC compliant.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FSLR:
- First Solar price target raised to $300 from $270 at Roth Capital
- First Solar price target raised to $335 from $278 at Mizuho
- First Solar price target raised to $303 from $278 at JPMorgan
- First Solar Positioned for Growth: Buy Rating Highlights Strategic U.S. Focus and IRA Monetization
- First Solar: Strategic Positioning and Growth Potential Underpinned by Policy Alignment and Capacity Management