🟢 First Solar Inc is trading 5.9% up as UBS raises price target to $330

First Solar Inc is trading 5.9% up at $263.90, rebounding from a recent selloff, after a significant analyst upgrade.

• UBS raised its price target on First Solar to $330 from $290, while maintaining a Buy rating on the stock.
• The firm cited the upcoming Section 232 solar tariff determination as a potential positive catalyst that could drive higher average selling prices and heavy order flow in the second half of 2026.
• The upgrade comes after the stock fell roughly 21-22% over the past week amid policy uncertainty, creating a buying opportunity for traders.