Analyst Corinne Blanchard upgraded the solar panel maker to buy from hold. She also raised her price target to $235 from $220.
Now is the time for investors to invest in First Solar , according to Deutsche Bank. Analyst Corinne Blanchard upgraded the solar panel maker to buy from hold. She also raised her price target to $235 from $220, implying shares stand to gain 30.2% in the next 12 months.
by that year as the company's production volumes grow in the coming years. Management had also mentioned long-term growth opportunities in its thin film CuRe models and tandem technology , which is geared towards residential customers, as well as the company's potential to eventually penetrate the retail market. First Solar is the nation's largest solar panel manufacturer.
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