First Solar Upgraded to Buy and Price Targets Raised by Analysts

Freedom Broker upgraded First Solar (FSLR) to "Buy" from "Hold." The firm increased its price target to $260. Potential Section 232 tariffs could boost domestic demand for company products.

HSBC raised its price target to $231 from $211. The bank maintained a "Hold" rating.

First Solar's first-quarter earnings surpassed analyst expectations.