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First Solar Clears Aggressive Buy Point On Trump Polysilicon Order
Investor's Business Daily38d 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.