First Solar price target lowered to $251 from $280 at RBC Capital

RBC Capital lowered the firm’s price target on First Solar (FSLR) to $251 from $280 and keeps an Outperform rating on the shares. The company’s Q4 results and 2025 guide were disappointing due to a series of headwinds, but while these could be transitory impacts, the timing for a resolution is uncertain due to limited visibility into policy, which is also impacting the company’s ability to efficiently manage its operations, the analyst tells investors in a research note. RBC’s price target cut also reflects multiple compression reflecting elevated uncertainty, the firm adds.