First Solar raised to Buy at Baird as Section 232 decision clears path for bookings to resume

Baird Research upgraded First Solar (FSLR) shares to Outperform from Neutral, raising its price target to $318 from $205. This upgrade comes as the Section 232 tariff decision is seen as a key catalyst, allowing First Solar and its customers to resume booking new orders. First Solar's stock saw a slight increase in Tuesday's trading following the news.