As previously reported, Deutsche Bank upgraded First Solar to Buy from Hold with a $272 price target. The \"recent sharp stock pullback,\" with shares down 27% since June 1, creates an opportunity for investors to enter a \"fundamentally strong business\" in U.S.-based panel production that has a strong balance sheet and is poised for a stronger second half, the analyst tells investors. The firm also cites S232 policy clarifications expected in the coming weeks.
