Citi Raises First Solar's Price Target to $300

Deep News
10/16

On Thursday morning, shares of First Solar (FSLR) declined by 0.1%. The stock reached a 52-week high yesterday, following analysts' praise for its expansion of production in the U.S. Citi has raised its price target to $300, citing strong quarterly booking volumes and a favorable demand outlook driven by artificial intelligence and data center needs.

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