With incentives on the horizon, this solar cell manufacturing company has competitive advantages.
Raising fair value estimate to $27 from $20 on expected revenue gains, Inflation Reduction Act incentives.
Among the considerations is what the competition will look like, Morningstar’s analyst says.
Despite the positive news, we view most solar-related stocks to be fairly valued across our coverage list.
They may have a sunny outlook, but they trade above what we think they're worth.