First Solar Has Downside Risk Under Biden, Morgan Stanley Says

摘要

U.S. solar tariff policy is a big “wildcard” for First Solar, and risk is skewed to the downside under a Biden administration, Morgan Stanley analyst Stephen Byrd said in a note.1. Says the key Section 201 tariff is rolling off at the end of next year2. Sees risk import tariffs could be extended and applied to FSLR’s products given Biden’s clean energy plan’s focus on American-made components.