From Yahoo Finance: 2025-05-31 17:26:00

Goldman Sachs analyst Brian Lee upgraded First Solar, Inc. (NASDAQ: FSLR) price target from $204 to $255 with a ‘Buy’ rating, citing potential outperformance and supportive trade policies. The estimate includes around $3 per share in net cash. The stock jumped almost 20% on May 13 due to House GOP lawmakers’ tax and spending plan, softening the blow on credit cuts for solar and wind. J.P. Morgan sees bullish prospects for solar, wind, and geothermal players with the new restrictions on foreign competitors giving First Solar an advantage. Analysts believe the 45X credits will make up around 60% of the company’s earnings over the next two years.



Read more at Yahoo Finance: Goldman Sachs Upgrades First Solar Price Target to $255