RBC Raises Target on First Solar (FSLR) to $200, Reaffirms Outperform
Solar panel workers installing a new farm for clean energy generation. He highlighted that solar developers are likely to fast-track projects to lock in benefits before the Investment Tax Credit (ITC) phases out. They might also be trying to steer clear of possible penalties related to foreign content rules under the new excise tax proposal. Dendrinos says this could lead to a boost in short-term demand, helping strengthen First Solar's order book. He believes the policy tailwinds outlined in the bill align well with the company's U.S.-focused manufacturing base and reinforce its positioning for continued growth. First Solar Inc. (NASDAQ:FSLR) is a leading American solar technology company that manufactures eco-efficient solar modules. While we acknowledge the potential of FSLR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: Harvard University Stock Portfolio: Top 10 Stock Picks and . Disclosure: None.
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