BUZZ-First Solar gains as BofA raises PT

Reuters
2026.01.09 13:52
portai
I'm PortAI, I can summarize articles.

Shares of First Solarrose 2% to $251 in premarket trading after BofA Global Research increased its price target from $255 to $291, indicating an 18.1% upside. The brokerage anticipates sustained demand for U.S. utility-scale solar through 2026-27 and considers First Solar the top U.S. module play due to its robust domestic supply chain. Currently, 34 out of 41 brokerages rate the stock as "buy" or higher, with a median price target of $285. In 2025, the stock saw a 48.2% increase.