First Solar Jumps on Truist Upgrade and New Tariff Floor for Imported Panels
First Solar shares rose about 4% after Truist upgraded the stock to Buy with a $270 price target. A Section 232 decision will set a 44-cent-per-watt floor on imported solar panels starting in December, potentially supporting domestic module pricing. Enphase Energy and Sunrun barely moved because they do not make the crystalline silicon modules targeted by the import floor.
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Truist moved First Solar to Buy and set a $270 target, citing improved pricing prospects into the 2030
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This summary is Al-enhanced to contain extended analysis and broader social context. The original is {NAME); the linked article is the authoritative source. Original headline: “First Solar Climbs 4% as Truist Buy Call and December Tariff Floor Reset Panel Pricing Outlook; Enphase Energy and Sunrun Hold Flat.” Browse more stories.