Solar Stock Upgraded on Trade Policy Shifts, Valuation

First Solar shares are up 0.7% to $234.73 after Deutsche Bank upgraded the stock to “buy” from “neutral” and raised its price target to $272 from $245. The 17.4% target increase signals improved outlook versus prior expectations, providing modest near-term support to sentiment.

Analysis

First Solar shares are up 0.7% to $234.73 after Deutsche Bank upgraded the stock to “buy” from “neutral” and raised its price target to $272 from $245. The 17.4% target increase signals improved outlook versus prior expectations, providing modest near-term support to sentiment.