Nothing new though Barron's had a nice write-up on the analyst moves:
First Solar stock surged for a second straight session Wednesday, driven higher by optimism that artificial intelligence’s demand for power will help the solar company gain market share.
On Wednesday, the stock surged 16% to $246.73, on pace for its highest close since 2008 and making it the top performer in the S&P 500, according to Dow Jones Market Data. The gains come after the stock’s 8% jump on Tuesday.
The shares had gotten a boost Tuesday from UBS, which said First Solar stands to be an AI winner. Analysts Jon Windham and William Grippin raised their price target on shares of the solar company to $270 from $252 and reiterated a Buy rating on Tuesday.
There’s a direct line from artificial intelligence to First Solar, the team said, noting how a reply from AI uses about 10 times more electricity than a typical Google search....
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May 21 at Yahoo Finance:
"First Solar gets price target lift from Piper Sandler, UBS" (FSLR)
