Goldman Sachs Lowers First Solar Price Target Amid Uncertainties

Published 1 days agoFSLR

Goldman Sachs Lowers First Solar Price Target Amid Uncertainties

Goldman Sachs has recently adjusted its price target for First Solar, reflecting a more cautious stance amidst ongoing global uncertainties. The bank's analyst, Brian Lee, maintained a "Buy" rating for First Solar but reduced the price target from $235 to $204, signaling potential concerns affecting the solar panel manufacturer.

According to investing.com, this decision came as of April 30, 2025, when Goldman Sachs acknowledged the company's challenges in navigating the shifting landscape of global tariffs. On May 30, Reuters reported that the price target remained at $204, reinforcing the bank's consistent evaluation over the month.

First Solar has been facing an unpredictable market environment, where external factors such as tariffs are creating headwinds. While the company continues to hold investor confidence with a "Buy" rating, the lowered price target suggests a degree of prudence in the face of these broader economic influences.

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