FSLR Maintained by Deutsche Bank -- Price Target Raised to $299

First Solar (FSLR) rose 1.7% after BMO Capital upgraded it to Outperform with a $263 price target, up from $237, citing an overdone 16% selloff post-Section 232.

First Solar (FSLR) stock rose 4.3% in pre-market trading after BMO Capital upgraded it to Outperform with a $263 price target, up from $237. The upgrade cited a recent decline due to tariff developments as an attractive entry point. BMO expects U.S. solar module prices to rise, benefiting First Solar as a domestic manufacturer. Institutional buying and a supportive market also contributed to the rally.

First Solar (FSLR) shares rose 3.9% premarket after BMO Capital upgraded the stock to Outperform with a $263 price target. The analyst cited a recent oversold condition and expects improved pricing for U.S. solar modules, despite margin challenges. First Solar is seen as the least expensive solar OEM in BMO's coverage.

U.S. stock futures rose premarket after Nvidia (NVDA) reported strong Q2 results and raised Q3 guidance, boosting AI-related stocks. NVDA shares gained 7%, while other tech stocks like MU, CRM, OKTA, and MRVL also saw premarket gains. Wendy's (WEN) fell 12% after reports of no take-private bid from Trian Fund Management. Economic data and Fed speeches are in focus.

UBS upgraded SolarEdge (SEDG) to 'Buy' with a $42 target, citing potential market share gains. Deutsche Bank raised First Solar (FSLR) target to $299. Retail sentiment varied: ENPH improved to 'neutral,' FSLR remained 'bearish,' ARRY and SEDG were 'bullish.' Year-to-date, ENPH +14%, SEDG +5%, FSLR -25%, ARRY -51%.

Bronstein, Gewirtz & Grossman filed a class action lawsuit against First Solar (FSLR) and its officers, alleging securities law violations during Feb 2025-Feb 2026. The complaint claims misstatements about tariff policy impacts and production facility utilization affected the company's performance. Investors can join the case by August 24, 2026.