** RBC Capital Markets says the U.S. trade deal with Vietnam for a 20% tariff rate could have positive implications for solar company First Solar FSLR.O
** FSLR shares up 6.7% at $173.96 in afternoon trade
** Adds that the trade deal removes downside risk that Vietnam tariffs would go back to 46% following the July 9 roll off of the pause on "reciprocal" tariffs
** FSLR was idling 1 gigawatt (GW) of production in Vietnam and Malaysia this year as a result of tariff uncertainty
** "We believe the outcome of the trade deal coupled with the possibility of accelerated order activity likely biases estimates higher," - RBC
** 33 of 39 brokerages rate the stock "buy" or higher, 5 "hold" and 1 "sell"; median PT is $199.50 - data compiled by LSEG
** Including sessions moves, stock down 1.4% YTD
(Reporting by Pooja Menon in Bengaluru)
((Pooja.Menon@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.