FSLR - First Solar Stock Is Surging Tuesday: Here's Why | Benzinga
Solar energy solutions provider First Solar, Inc. (NASDAQ:FSLR) saw its shares surge nearly 7% on Tuesday following positive updates from a pair of analysts.
What To Know: Piper Sandler analyst Kashy Harrison maintained an Overweight rating on First Solar and raised the price target from $195 to $219. The higher price target suggests Piper Sandler has increased confidence in First Solar’s growth prospects and ability to capitalize on industry tailwinds.
Similarly, UBS analyst Jon Windham kept a Buy rating on the stock, but boosted his price target even higher — from $252 to $270. The lofty price target reflects the analyst’s bullish view on First Solar’s position within the ...