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Barclays maintains First Solar target amid tariff challenges and growth prospects

Barclays analyst Christine Cho has reaffirmed an Overweight rating on First Solar, maintaining a price target of $236 amid new tariffs impacting its operations. Despite facing significant tariffs on imports from Vietnam, Malaysia, and India, analysts project a robust 32% revenue growth for fiscal year 2025, supported by the company's strong financial health and strategic adjustments in sourcing. First Solar's partnership with Everstream Analytics aims to bolster supply chain resilience, reflecting its commitment to navigating challenges in the renewable energy sector.
Investing.com UK
United States Dollar Barclays PLC IND MYS VNM USA Alex Bradley Christine Cho Show more
Finance & Economy, Market Report
12:56 03.04.2025
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