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First Solar Clears Aggressive Buy Point On Trump Polysilicon Order
Investor's Business Daily8d agobullish
First Solar Clears Aggressive Buy Point On Trump Polysilicon Order

First Solar stock continued to surge early Friday after President Donald Trump imposed minimum import prices and tariffs on polysilicon, a key component of solar panels and base material for semiconductors. After release of the order late Thursday, Wells Fargo hiked its price target on FSLR stock to 313 from 300, keeping an overweight rating. The analysts said that the order, based on section 232 of the Trade Expansion Act, would be even more favorable for First Solar than anticipated.

First Solar Shares Jump After Trump Introduces New Tariffs on Solar Imports
InvestorsHub8d agobullish
First Solar Shares Jump After Trump Introduces New Tariffs on Solar Imports

First Solar (NASDAQ:FSLR) shares climbed around 8% in premarket trading after US President Donald Trump signed an executive order introducing a 15% tariff alongside minimum import price requirements for polysilicon and its downstream products. The measures, implemented under Section 232 of the Trade Expansion Act, will take effect on 4 December 2026.