First Solar Shares Fall Amid BMO Downgrade Amid Concerns Over Tesla's Potential Plans
ByAinvest
Thursday, Jan 29, 2026 2:27 pm ET1min read
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First Solar shares fell 11.3% on Thursday after BMO downgraded the company to Market Perform from Outperform, citing potential competitive threats from additional domestic solar manufacturing. BMO trimmed its price target to $263 from $285. The downgrade is attributed to Tesla's potential plans, which may impact sentiment.
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