Solar manufacturers petition U.S. to impose tariffs on imports from four Southeast Asian nations [MSNBC.com]
First Solar, Inc. (FSLR)
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Source: MSNBC.com
A coalition of U.S. solar manufacturers petitioned the federal government on Wednesday to impose tariffs on imports from four Southeast Asian nations, alleging that the countries are flooding the U.S. market with cheap products that threaten the domestic industry.First SolarThe other six parties to the petition are Convalt , Meyer Burger, Mission Solar, Qcells, REC Silicon and Swift Solar.The U.S. manufacturers have asked the International Trade Commission to issue a determination that the domestic solar industry has been harmed. They are requesting that the Commerce Department impose tariffs on solar cell imports from the four countries as a remedy.First Solar shares rose about 1.5% on the news.The companies targeted that would be targeted the ITC and Commerce investigations are primarily headquartered in China. The U.S. manufacturers allege the Chinese government is providing subsidies through Beijing's Belt and Road Initiative to manufacturers in Cambodia, Malaysia, Thailand and Vi
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FSLR
News
- First Solar, Inc. (NASDAQ: FSLR) had its price target lowered by analysts at Guggenheim from $359.00 to $356.00. They now have a "buy" rating on the stock.MarketBeat
- First Solar, Inc. (NASDAQ: FSLR) had its price target raised by analysts at JPMorgan Chase & Co. from $237.00 to $240.00. They now have an "overweight" rating on the stock.MarketBeat
- First Solar (FSLR) Q1 Earnings Beat Estimates, Sales Rise Y/Y [Yahoo! Finance]Yahoo! Finance
- First Solar, Inc. (NASDAQ: FSLR) had its price target raised by analysts at UBS Group AG from $250.00 to $252.00. They now have a "buy" rating on the stock.MarketBeat
- First Solar, Inc. (NASDAQ: FSLR) had its price target raised by analysts at Jefferies Financial Group Inc. from $209.50 to $211.00. They now have a "buy" rating on the stock.MarketBeat
FSLR
Earnings
- 5/1/24 - Beat
FSLR
Sec Filings
- 5/1/24 - Form 10-Q
- 5/1/24 - Form 8-K
- 4/5/24 - Form 4
- FSLR's page on the SEC website