FSLR is trading 4% up now at $258.85, extending a multi-day surge driven by its new India-focused partnership and a bullish analyst update.

  • First Solar recently announced a strategic partnership with GameChange Solar to deploy domestically manufactured thin-film modules in India, reducing compliance risks for developers.
  • On Thursday, Guggenheim raised its price target on FSLR from $269 to $279 with a Buy rating, highlighting strong sentiment post-Q1 earnings.
  • The stock continues to benefit from its unique position as a domestic U.S. manufacturer, despite a negative patent invalidation ruling in China on May 22.