It would be wise for investors to add First Solar to their portfolios before the stock rises on a potential U.S. trade policy shift, according to Deutsche Bank. The bank upgraded the solar name to buy from hold. It also hiked its price target to $272 from $245, implying nearly 17% upside from Monday’s close. “The recent sharp stock pullback… creates an opportunity for investors to enter the name (i) ahead of a stronger 2H, weighted at ~62%, (ii) normalized 2027 business year, and (iii) S232 policy clarifications expected in the coming weeks,” analyst Corinne Blanchard said Monday in a note to clients. Shares of First Solar have shed 24% since June 1 as investors await the outcome of the U.S.’ investigation into imports of polysilicon, a critical material used in solar panels, semiconductors and other technologies. FSLR mountain 2026-06-01 FSLR since June 1 However, the U.S. could widen access to polysilicon imports following its investigation, which would allow First Solar to scale and give shares a boost, according to Deutsche Bank. “We are awaiting clarifications on S232 polysilicon investigation [which] is expected to be a tailwind for First Solar,” Blanchard wrote. The analyst added that the U.S. should give its decision on the matter in August. The market expects the U.S. will impose a fixed tariff per watt rather than limiting imports of solar panel materials through quotas, she added. Deutsche Bank’s call falls in line with consensus on the Street. Of the 42 analysts covering First Solar, 25 have a buy or strong buy on the stock, LSEG data shows.
