Guggenheim raised the firm’s price target on First Solar to $260 from $255 and keeps a Buy rating on the shares following Q4 results. The magnitude of benefits from the Inflation Reduction Act are becoming apparent, said the firm, which called First Solar "on track and very undervalued."
Published first on TheFly
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Read More on FSLR:
- First Solar price target raised to $205 from $195 at Cowen
- First Solar price target raised to $208 from $180 at Baird
- First Solar (NASDAQ:FSLR) Stock Gains on Promising Q4 Results
- First Solar sees FY23 EPS $7.00-$8.00, consensus $4.77
- First Solar reports Q4 EPS (7c), consensus (15c)
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