🟢 FSLR is trading 4% up today on multiple analyst upgrades and price target hikes

First Solar (FSLR) is rallying after receiving positive attention from Wall Street analysts, providing a company-specific driver for its outperformance.

• HSBC raised its price target on the stock to $231 from a previous $211.
• Freedom Broker upgraded FSLR to Buy from Hold, increasing its price target to $260 from $250.
• The stock is also benefiting from broader market optimism, as cooling labor market data has increased investor hopes for potential Federal Reserve rate cuts.