First Solar Upgrade to Buy Amid Stock Challenges

First Solar has recently seen a mix of analyst sentiment, with GLJ Research upgrading its rating to 'Buy' and setting a price target of $172.37, despite the company's lowered 2025 guidance and recent stock price struggles. The stock's current price is seen as an attractive entry point, with consensus analyst targets generally predicting significant upside potential. While technical indicators currently suggest a bearish trend, the majority of analysts maintain a 'Buy' rating, citing the company’s favorable positioning after trade-related adjustments and the expected security of production tax credits. First Solar remains a popular pick among notable investors such as George Soros, who includes it in his list of mid-cap stocks with large upside potential. The company's market cap stands around $13.5 billion, with analyst price targets ranging widely but averaging well above the current share price, reflecting optimism about future growth. Overall, First Solar is viewed as a strong contender in the solar sector, despite short-term volatility and mixed technical signals.