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This Week in Solar


This Week in Solar

The week in solar was dominated by testimony before the U.S. International Trade Commission, which took place Tuesday. I won't rehash my article from earlier this week, but industry observers and investors should know there's a reasonable likelihood that solar imports will be hit with tariffs or a price floor by the end of the year, which could throw the industry for a loop. Until we know more details, it's hard to tell what the exact impact on each company will be. 

We also got an earnings report from Canadian Solar (NASDAQ: CSIQ), which did very little to reinforce the seemingly bullish trends taking place in solar demand. Margins were pretty weak at the manufacturer, and third-quarter shipments aren't expected to be as strong as I would have thought. As more reports come out, we'll get a better idea of what the manufacturing landscape looks like. Beyond earnings and ITC testimony, here are the notable news items for the week. 

Image source: Getty Images.

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Source: Fool.com

First Solar Inc. Stock

€208.80
4.860%
A very strong showing by First Solar Inc. today, with an increase of €9.69 (4.860%) compared to yesterday's price.
The stock is an absolute favorite of our community with 57 Buy predictions and no Sell predictions.
As a result the target price of 241 € shows a slightly positive potential of 15.42% compared to the current price of 208.8 € for First Solar Inc..
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