First Solar price target lowered to $285 from $360 at UBS

UBS lowered the firm’s price target on First Solar (FSLR) to $285 from $360 and keeps a Buy rating on the shares. The firm views First Solar’s 2025 revenue guidance of $5.55B at the midpoint as positive given weak 2025 revenue guidance was a key concern going into the results, the analyst tells investors in a research note. The vast majority of the value and upside in First Solar are the three U.S. factories and First Solar’s technological moat around fully U.S. domestic manufactured solar modules, not the non-U.S. capacity, UBS argues.