Interesting events have been unfolding in the solar industry as
First Solar (NasdaqGS:FSLR) made significant strides, enticing various
investment firms and hedge funds into solidifying their positions in the company. Over the last month, the company experienced a
12% growth in their stock with a current price target set at $250.58. An interesting factor that contributed to this is the
tariff imposition on Southeast Asian solar panels by the U.S. which positively impacted First Solar, leading to a surge in their shares. Additionally, the company announced new
facilities in Alabama and Louisiana, further bolstering its image among investors. Nevertheless, amid positive developments, the stock recently dipped by around 2%, highlighting the volatile nature of investment in the green energy sector. Analysts predict that the U.S duty ruling on Southeast Asian imports could adversely affect First Solar. In spite of this, it is still considered a cheap and attractive option for investors, with some speculating the
shares could reach up to $100. Overall, the market sentiment appears to be generally positive, with many considering First Solar one of the best renewable energy stocks to buy in 2025.
First Solar FSLR News Analytics from Fri, 07 Feb 2025 08:00:00 GMT to Sat, 26 Apr 2025 22:48:34 GMT -
Rating 8
- Innovation 6
- Information 9
- Rumor 3
