First Solar price target lowered to $260 from $286 at BMO Capital

By Yahoo! Finance | Oct 31, 2024 at 07:37 AM EST

BMO Capital reduced First Solar's price target to $260 from $286 but maintains an Outperform rating. Despite a lower 2024 outlook, the company is seen as a winner due to the Inflation Reduction Act, boosting earnings and visibility in the solar industry.

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