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BMO Capital analyst Ameet Thakkar upgrades First Solar (NASDAQ:FSLR) from Market Perform to Outperform and raises the price target from $237 to $263.
Read original at benzingaCanadian Solar reported a wider Q2 2026 loss of $1.40 per share despite beating revenue estimates at $1.21 billion. However, revenues declined 28.7% year-over-year due to lower gross margins and reduced module shipments. Battery storage shipments surged 73% year-over-year, showing strength in that segment. The company guided Q3 revenues of $1.30-$1.50 billion with gross margins of 13.5%-15.5%. Other solar companies showed mixed results: Enphase Energy missed revenue expectations with declining earnings, First Solar beat earnings estimates, and SolarEdge Technologies exceeded both earnings and revenue expectations.
Read original at zacks-investment-researchDeutsche Bank analyst Corinne Blanchard maintains First Solar (NASDAQ:FSLR) with a Buy and raises the price target from $272 to $299.
Read original at benzingaArgus Research analyst John Eade reiterates First Solar (NASDAQ:FSLR) with a Buy and maintains $275 price target.
Read original at benzinga