Kicking The Can On A Ceasefire "Which Does Not Solve Anything" Bas van Geffen, Senior Macro Strategist at Rabobank Both Bloomberg and Axios report that the US and Iran have reached a tentative deal to extend the ceasefire by 60 days as they engage in further negotiations over Iran’s nuclear programme. However, Tasnim reported that the text of the memorandum of understanding had not been finalized....
Kicking The Can On A Ceasefire "Which Does Not Solve Anything" Bas van Geffen, Senior Macro Strategist at Rabobank Both Bloomberg and Axios report that the US and Iran have reached a tentative deal to extend the ceasefire by 60 days as they engage in further negotiations over Iran’s nuclear programme. However, Tasnim reported that the text of the memorandum of understanding had not been finalized. US Vice President Vance said that the two sides are still “ going back and forth on a couple of language points ,” which reportedly includes the wording on Iran’s nuclear capacity . But the Vice President said that Iran appears to be negotiating in good faith, paving the way for Trump’s approval of the ceasefire extension. While negotiators are trying to dot the i’s and cross the t’s of the memorandum, President Trump has reportedly asked for a couple of days to think about the final deal. Energy prices fell further on the news that a deal could –again– be imminent, after the US administration made similar claims last week. Brent futures are currently down about 10% on the week. That, in turn, is lifting optimism in other markets. Yields dropped, and green figures returned on stock exchanges. Admittedly, a 60-day extension would lessen some of the near-term tail risks – although both sides have accused each other of violating the current ceasefire. Just the past day, Kuwait intercepted a missile that Iran had fired at a US base, causing the US to respond with new “defensive strikes” on Iran. More importantly , a ceasefire does not solve anything, unless the US and Iran manage to agree on the key sticking points during that extended ceasefire. Treasury Secretary Bessent reminded everyone that Trump’s three red lines are unchanged: Hormuz must reopen, Tehran must end its nuclear programme, and Iran must transfer its highly enriched uranium . As we noted earlier this week, a nuclear deal still seems highly unlikely at this juncture. Likewise, Iran still believes that it can e...
Iryna Tolmachova The Bank of Nova Scotia ( BNS ), known as Scotiabank, agreed to acquire Maple Financial Holdings, the parent of MapleMark Bank, giving it FDIC deposit insurance for its clients, the company said Friday. Moreover, the transaction will expand its presence in the U.S. Gaining Federal Deposit Insurance Corp. protection is important for Scotiabank's mortgage capital markets business an...
Iryna Tolmachova The Bank of Nova Scotia ( BNS ), known as Scotiabank, agreed to acquire Maple Financial Holdings, the parent of MapleMark Bank, giving it FDIC deposit insurance for its clients, the company said Friday. Moreover, the transaction will expand its presence in the U.S. Gaining Federal Deposit Insurance Corp. protection is important for Scotiabank's mortgage capital markets business and its deposit growth strategy, Travis Machen , CEO and group head of Scotiabank's Global Banking and Markets, said. " MapleMark Bank is a well-run bank primarily operating in Dallas, Texas, and further supports our strategic focus within the North American corridor," he said. The acquisition isn't expected to have a material impact on Scotiabank's earnings or CET1 ratio, it said. Scotiabank ( BNS ) stock slipped 0.3% in morning trading. More on The Bank of Nova Scotia Scotiabank's Q2 Earnings: Trading At Elevated Multiples And Technical Levels The Bank of Nova Scotia (BNS:CA) Q2 2026 Earnings Call Transcript The Bank of Nova Scotia 2026 Q2 - Results - Earnings Call Presentation Scotiabank Q2 earnings beat driven by strength in Canadian banking, wealth segments Canadian banks Q2 earnings preview - What to expect
A Kenyan court temporarily halted the opening of an Ebola quarantine centre for US nationals on Friday following a petition filed by a rights group. The facility was due to open in the east Africa nation on Friday according to US officials, to quarantine Americans arriving from the Democratic Republic of the Congo, which is battling a major Ebola outbreak. Washington has defended its criticised de...
A Kenyan court temporarily halted the opening of an Ebola quarantine centre for US nationals on Friday following a petition filed by a rights group. The facility was due to open in the east Africa nation on Friday according to US officials, to quarantine Americans arriving from the Democratic Republic of the Congo, which is battling a major Ebola outbreak. Washington has defended its criticised decision not to repatriate Americans infected with the virus. Advertisement US Secretary of State Marco Rubio has vowed not to allow any Ebola cases on US soil. The US-built facility was set to have 50 isolation beds and be managed by US medical staff at Laikipia Air Base, about 200km (124 miles) from the capital, Nairobi. Advertisement A US official confirmed the establishment of the quarantine centre on Thursday but the Kenyan government has not directly addressed questions about the facility.
Ford Motor Co. shares are set to record their best monthly gain in 17 years as the automaker’s newfound status as a possible beneficiary of the artificial intelligence boom sparked an investor frenzy. The Dearborn, Michigan-based car company’s stock has surged more than 40% in May, the biggest monthly advance since April 2009. Back then, the stock climbed a walloping 127% as it managed to steer th...
Ford Motor Co. shares are set to record their best monthly gain in 17 years as the automaker’s newfound status as a possible beneficiary of the artificial intelligence boom sparked an investor frenzy. The Dearborn, Michigan-based car company’s stock has surged more than 40% in May, the biggest monthly advance since April 2009. Back then, the stock climbed a walloping 127% as it managed to steer through the financial crisis even while its biggest rivals, General Motors Co. and Chrysler LLC , tipped toward bankruptcies . Ford shares were rising for the eighth straight trading session Friday, set for their longest winning streak in three years. The rally has taken the stock to its highest level since April 2022 at Thursday’s close, as investors became fixated on the automaker’s grid-battery business and its potential to benefit from the relentless demand for energy to power AI tools. “The company conceivably will not make money in battery storage until 2028 so this is more about hopes and dreams than facts,” said Joe Gilbert , portfolio manager at Integrity Asset Management. The stock’s torrid rally kicked off after Morgan Stanley analyst Andrew Percoco said in a note dated May 12 that the energy business could be worth $10 billion and predicted Ford could soon strike deals with hyperscalers. The theory is that Ford Energy will be able to provide battery energy storage systems to utilities, data centers and large industrial firms. Read More: Ford Soars 21% in Two Days as AI Hype Spreads to Old Economy Eric Diton , president and managing director at The Wealth Alliance, said that “energy storage is not a far stretch for Ford given its EV business.” Electric-vehicle titan Tesla Inc. has long offered energy storage. The segment comprised 13.5% of Tesla’s revenue in 2025, according to data compiled by Bloomberg . Unlike Ford, fellow Michigan automakers haven’t seen the same degree of success. As of Thursday’s close, General Motors’ stock had gained nearly 10% in May, while...
Tempus AI ( TEM ) stock immediately jumped over ~3% to ~$53.15 before pulling back on Friday after unveiling new AI-driven precision medicine data at the 2026 ASCO Annual Meeting. The healthcare technology company said its latest multimodal foundation model was trained on 2.5M longitudinal patient records, including 250M clinical note pages, 450K medical images, and 500K genomic and transcriptomic...
Tempus AI ( TEM ) stock immediately jumped over ~3% to ~$53.15 before pulling back on Friday after unveiling new AI-driven precision medicine data at the 2026 ASCO Annual Meeting. The healthcare technology company said its latest multimodal foundation model was trained on 2.5M longitudinal patient records, including 250M clinical note pages, 450K medical images, and 500K genomic and transcriptomic sequences. The management believes the model can help accelerate drug development, improve clinical trial design, and identify high-risk cancer patients earlier. In a study involving EGFR-mutant non-small cell lung cancer patients treated with osimertinib, the model showed strong predictive accuracy with a C-index of 0.802 and significant survival stratification across patient groups. CEO Eric Lefkofsky said the company’s AI models are already outperforming smaller specialized models in predicting clinical outcomes. Moreover, over the last five days, Tempus AI ( TEM ) has climbed ~10.68%, outperforming the S&P 500 ( SP500 ) return of 0.66%. More on Tempus AI Tempus AI: Taking Advantage Of Investor Myopia Tempus AI: My Pick For An Oncoming Boom In Demand For Data-Driven Precision Medicine Tempus AI, Inc. 2026 Q1 - Results - Earnings Call Presentation Tempus AI prices upsized $400M offering Tempus AI plans $350M convertible notes offering
Robust first-quarter corporate results, driven by technology megacaps, have provided fundamental support to the stock-market rally, dimming worries about elevated Treasury yields, according to HSBC Bank Plc’s Max Kettner . “The danger zone, for now at least, we can ignore it. We can ignore these higher yields,” Kettner said Friday in an interview on Bloomberg Television’s Surveillance . “To me tha...
Robust first-quarter corporate results, driven by technology megacaps, have provided fundamental support to the stock-market rally, dimming worries about elevated Treasury yields, according to HSBC Bank Plc’s Max Kettner . “The danger zone, for now at least, we can ignore it. We can ignore these higher yields,” Kettner said Friday in an interview on Bloomberg Television’s Surveillance . “To me that is perfectly rational what the equity market, spreads and the broader risk asset complex have done in the last few weeks.” The S&P 500 Index is headed for a ninth consecutive weekly gain, widening its advance since early April to 16%. The advance in the benchmark gauge underscores the degree to which investors are looking past a lingering war in the Middle East and the threat of higher bond yields . Almost all technology companies surprised to the upside during earnings season, Kettner said. That offset worries around the 10-year yield that earlier in May hovered near 4.7%, not far from the 5% level that marks a “danger zone” for riskier assets, according to some Wall Street strategists. Yet, the MOVE Index, which measures implied volatility in Treasuries, remains well below the 130-180 level seen in previous episodes when yields were rising too fast, Kettner said. On top of that, the economy and corporate America have proven to be less rate-sensitive than expected, Kettner said. Almost two-thirds of the S&P 500’s corporate debt doesn’t mature until after 2030, and leverage has declined, he added. He acknowledged the extreme concentration at the top of the index: The biggest 30 companies in the S&P 500 represent almost two-thirds of the market value, while the smallest 100 firms account for little more than 1%. Smaller companies will probably struggle if the 10-year Treasury yield rises to 5% and stays there, but “for the overall market direction, that just doesn’t matter,” Kettner said. The yield on that benchmark debt was about 4.45% as of Thursday, after a 2026 peak of...
Roughly one-quarter of the non-Iranian large oil tankers trapped inside the Persian Gulf at the outbreak of the Iran war have managed to slip out in a slow, stealthy trickle. Twenty-nine of the 109 bigger vessels, those capable of hauling 700,000 barrels or more, which were stranded when the Strait of Hormuz was effectively shuttered after the conflict erupted on Feb. 28 have now crossed the choke...
Roughly one-quarter of the non-Iranian large oil tankers trapped inside the Persian Gulf at the outbreak of the Iran war have managed to slip out in a slow, stealthy trickle. Twenty-nine of the 109 bigger vessels, those capable of hauling 700,000 barrels or more, which were stranded when the Strait of Hormuz was effectively shuttered after the conflict erupted on Feb. 28 have now crossed the chokepoint, shipping data compiled by Bloomberg show. While that flow is a fraction of the crude and oil products still locked inside the Gulf, the cargoes have been snapped up by a global market in which inventory buffers are shrinking at a record pace. And with many ships switching off instruments that broadcast their positions, the real number may well be higher. Faced with the sporadic hostilities of the three-month conflict, the ships have had to resort to unconventional maneuvers to make the passage. Some have made the crossing under the cover of darkness as they strive to avoid the threat of rockets launched from shore . In some cases, the governments of countries taking the cargoes have been forced to lobby for the privilege. Iran-linked ships have been excluded from the calculation, as these had free passage through Hormuz until mid-April. Most did not broadcast position signals in the Gulf even before the latest conflict erupted, complicating the tracking of Iranian flows. Oil traders have been fixated on ships’ attempts to pass through the strait since its closure triggered the biggest energy-supply disruption in history and sent prices for vital fuels soaring. Control over the corridor is central to tortuous negotiations between the US and Iran aimed at ending the conflict. Chevron Chief Executive Officer Mike Wirth said Friday that the company currently has six vessels in the Gulf that are under charter. It will be the ship owner who decides whether or not to move through the strait, Wirth said. With ships having to proceed so cautiously, the flow of oil they’ve tra...
Earnings Call Insights: PagerDuty (PD) Q1 FY2027 Management View "In Q1, PagerDuty delivered results that exceeded the top end of guidance for both revenue and non-GAAP operating margin." (Executive Chair of the Board Jennifer Tejada) "Quarterly revenue was $121 million, up 1% year-over-year, and annual recurring revenue was $496 million, flat year-over-year." (Executive Chair Tejada) "We grew non...
Earnings Call Insights: PagerDuty (PD) Q1 FY2027 Management View "In Q1, PagerDuty delivered results that exceeded the top end of guidance for both revenue and non-GAAP operating margin." (Executive Chair of the Board Jennifer Tejada) "Quarterly revenue was $121 million, up 1% year-over-year, and annual recurring revenue was $496 million, flat year-over-year." (Executive Chair Tejada) "We grew non-GAAP operating margin to 25% through consistent discipline, structural efficiency initiatives and AI adoption." (Executive Chair Tejada) "Usage-based products, which include AIOps, PagerDuty Advance and Operations Cloud, now account for nearly 10% of our total ARR." (Executive Chair Tejada) "The ARR of customers on this model nearly doubled from Q4 to Q1." (CFO & Principal Financial Officer Howard Wilson) "After 10 years as CEO, I've transitioned to Executive Chair." (Executive Chair Tejada) "I'm pleased to introduce PagerDuty's new CEO, John DiLullo." (Executive Chair Tejada) "In the near term, my priority is simple: listen, learn and engage." (CEO & Director John DiLullo) Outlook "For the second quarter fiscal 2027, we expect revenue in the range of $122 million to $124 million" and "net income per diluted share attributable to PagerDuty, Inc. in the range of $0.29 to $0.31." (CFO Wilson) "This implies an operating margin of 22% to 23%." (CFO Wilson) "For the full fiscal year 2027, we expect revenue in the range of $488.5 million to $496.5 million" and "net income per diluted share attributable to PagerDuty, Inc. in the range of $1.27 to $1.32." (CFO Wilson) "This is the same range as previously provided." (CFO Wilson) "[EPS is] an increase based on the reduced share count as a result of the completion of the buyback program." (CFO Wilson) Financial Results "In the first quarter of FY '27... Revenue for the quarter was $121 million" and "Q1 gross margin was 86%" while "operating income was $30 million or 25% of revenue." (CFO Wilson) "GAAP net income was $10.2 million, o...
Missions such as "No Russian", where players had the option to shoot civilians in an airport in Moscow, and later depictions of war crimes and terrorism have prompted debate about how far games should go in portraying realistic warfare.
Missions such as "No Russian", where players had the option to shoot civilians in an airport in Moscow, and later depictions of war crimes and terrorism have prompted debate about how far games should go in portraying realistic warfare.
Shares of Palantir Technologies Inc. (PLTR) have gained 3% over the past four weeks to close the last trading session at $143.34, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $194.81 indicates a potential upside of 35.9%. The average comprises 26 short-term price ta...
Shares of Palantir Technologies Inc. (PLTR) have gained 3% over the past four weeks to close the last trading session at $143.34, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $194.81 indicates a potential upside of 35.9%. The average comprises 26 short-term price targets ranging from a low of $90.00 to a high of $255.00, with a standard deviation of $34.97. While the lowest estimate indicates a decline of 37.2% from the current price level, the most optimistic estimate points to a 77.9% upside. More than the range, one should note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts. While the consensus price target is a much-coveted metric for investors, solely banking on this metric to make an investment decision may not be wise at all. That's because the ability and unbiasedness of analysts in setting price targets have long been questionable. However, an impressive consensus price target is not the only factor that indicates a potential upside in PLTR. This view is strengthened by the agreement among analysts that the company will report better earnings than what they estimated earlier. Though a positive trend in earnings estimate revisions doesn't give any idea as to how much the stock could surge, it has proven effective in predicting an upside. Price, Consensus and EPS Surprise Zacks Price, Consensus and EPS Surprise Chart for PLTR Here's What You May Not Know About Analysts' Price Targets According to researchers at several universities across the globe, a price target is one of many pieces of information about a stock that misleads investors far more often than it guides. In fact, empirical research shows that price targets set by several analysts, irrespective of the extent of agreement, rarely indicate where the pri...
Shares of Palantir Technologies Inc. (PLTR) have gained 3% over the past four weeks to close the last trading session at $143.34, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $194.81 indicates a potential upside of 35.9%. The average comprises 26 short-term price ta...
Shares of Palantir Technologies Inc. (PLTR) have gained 3% over the past four weeks to close the last trading session at $143.34, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $194.81 indicates a potential upside of 35.9%. The average comprises 26 short-term price targets ranging from a low of $90.00 to a high of $255.00, with a standard deviation of $34.97. While the lowest estimate indicates a decline of 37.2% from the current price level, the most optimistic estimate points to a 77.9% upside. More than the range, one should note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts. While the consensus price target is a much-coveted metric for investors, solely banking on this metric to make an investment decision may not be wise at all. That's because the ability and unbiasedness of analysts in setting price targets have long been questionable. However, an impressive consensus price target is not the only factor that indicates a potential upside in PLTR. This view is strengthened by the agreement among analysts that the company will report better earnings than what they estimated earlier. Though a positive trend in earnings estimate revisions doesn't give any idea as to how much the stock could surge, it has proven effective in predicting an upside. Price, Consensus and EPS Surprise Zacks Price, Consensus and EPS Surprise Chart for PLTR Here's What You May Not Know About Analysts' Price Targets According to researchers at several universities across the globe, a price target is one of many pieces of information about a stock that misleads investors far more often than it guides. In fact, empirical research shows that price targets set by several analysts, irrespective of the extent of agreement, rarely indicate where the pri...
Nasdaq OMX Copenhagen A/S Charlottenlund May 29, 2026 Announcement no. 296 Interim Report for the period January 1 – March 31, 2026 The Board of Directors today reviewed and adopted the attached Interim Report for the period 1 January to 31 March 2026. The result before value adjustments and tax for the period 1 January to 31 March 2026 was a profit of TEUR 37.0, in line with expectations. Total r...
Nasdaq OMX Copenhagen A/S Charlottenlund May 29, 2026 Announcement no. 296 Interim Report for the period January 1 – March 31, 2026 The Board of Directors today reviewed and adopted the attached Interim Report for the period 1 January to 31 March 2026. The result before value adjustments and tax for the period 1 January to 31 March 2026 was a profit of TEUR 37.0, in line with expectations. Total rental revenue excl. service charges amounts to EUR 1.093 million for the period January 1 to March 31, 2026, compared to EUR 1.036 million in the same period of 2025, a total increase of 5.5%. Management assessed the value of the Group's properties at EUR 84.6 million as of 31 March 2026, compared to EUR 88.1 million as of 31 December 2025 (as announced in stock exchange announcement No. 295 dated 19 May 2026). This corresponds to a decrease in the value of the Group's investment properties of EUR 3.5 million during the period 1 January to 31 March 2026. Equity was EUR 54.3 million as of 31 March 2026, corresponding to an equity ratio of 59.9%, compared to EUR 57.2 million and an equity ratio of 60.6% as of 31 December 2025. Equity decreased by EUR 2.9 million during the period, primarily due to the value adjustment of the properties. Liquid reserves remained solid at EUR 3.3 million at the end of March 2026. Outlook For the 2026 financial year, the company continues to expect a result before value adjustments and tax in the range of TEUR 0 to 500, as announced in stock exchange announcement No. 293. Any questions can be directed to the undersigned at +45 8110 0800. Sincerely, German High Street Properties A/S. Hans Thygesen Chairman of the Board Attachment
Key Points Ford's stock has had a rare surge this month as Wall Street is waking up to its AI play. Ford Energy is targeting at least 20 gigawatt-hours of annual production capacity. Ford Energy could yield roughly $3 billion in incremental revenue for the automaker. 10 stocks we like better than Ford Motor Company › Once considered the land of the dinosaurs, where capital went to wither away, the...
Key Points Ford's stock has had a rare surge this month as Wall Street is waking up to its AI play. Ford Energy is targeting at least 20 gigawatt-hours of annual production capacity. Ford Energy could yield roughly $3 billion in incremental revenue for the automaker. 10 stocks we like better than Ford Motor Company › Once considered the land of the dinosaurs, where capital went to wither away, the automotive industry is quickly evolving to be anything but. Automakers such as Tesla drove the industry toward mainstream electric vehicle (EV) adoption. Software-defined vehicles are becoming a trend, and we've heard endless hype surrounding driverless vehicles and robotaxi ambitions. Along with all that, Ford Motor Company (NYSE: F) is the newest way to play the boom in artificial intelligence (AI), and it even comes with a hefty dividend to boot. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Wait. Ford and AI? Last Friday seemed to be a bit of a wake-up call for Wall Street as Ford's shares jumped nearly 10%, testing its highest close since August 2022. Most of Ford's recent surge can be traced back to the company's Ford Energy business announcement, which is increasingly being seen and valued as a power generation and AI infrastructure play. For almost a year, Ford has operated nearly silently, building out supply chains and manufacturing sites and preparing to meet growing domestic demand for energy storage. Ford Energy operations cover the full battery cell manufacturing process, including the production of electrode coils, as well as module and container assembly, and sales and service. That led Ford Energy to debut its flagship product, the Ford Energy DC block -- a standardized 20-foot containerized battery energy storage system. Ford Energy has prepared its flagship product to meet the metric...
CoreWeave’s CRWV contracted revenue backlog reached $99.4 billion at the end of the first quarter of 2026, reflecting customer commitments for its AI-cloud infrastructure. The backlog grew close to fourfold year over year and nearly 50% sequentially. These contracts provide insight into long-term demand and underpin the company’s rapid infrastructure expansion plans. CoreWeave’s backlog offers cle...
CoreWeave’s CRWV contracted revenue backlog reached $99.4 billion at the end of the first quarter of 2026, reflecting customer commitments for its AI-cloud infrastructure. The backlog grew close to fourfold year over year and nearly 50% sequentially. These contracts provide insight into long-term demand and underpin the company’s rapid infrastructure expansion plans. CoreWeave’s backlog offers clear near-term visibility. Management noted that roughly 36% of the backlog is expected to be recognized within the next two years, while roughly 75% will convert into revenues over the next four years. This timeline provides a strong foundation for sustained growth as the company continues to bring new capacity online. This surge in backlog is being driven by both deepening relationships with current customers and the addition of new enterprise clients. Management highlighted that it is a diversifying customer base, with 10 clients each committing at least $1 billion in spending, underscoring the scale and durability of demand. CoreWeave added that commitments from non-investment-grade AI-native companies and foundation labs now represent less than 30% of total backlog, indicating a shift toward more stable, enterprise-driven demand. This improves the quality of the backlog. CoreWeave Inc. Price, Consensus and EPS Surprise CoreWeave Inc. Price, Consensus and EPS Surprise CoreWeave Inc. price-consensus-eps-surprise-chart | CoreWeave Inc. Quote Longer contract duration is another key factor. Management underscored that the weighted average contract length for new capacity remains approximately five years, reflecting sustained demand visibility. To support these long-term commitments, CoreWeave is rapidly expanding its infrastructure footprint. The company has already surpassed 1 gigawatt of active power and expanded contracted power to more than 3.5 gigawatts. Overall, CoreWeave’s rapidly expanding backlog not only reflects AI demand but also provides a multi-year growth runwa...
Before this week began, First Solar (FSLR +0.66%) stock had declined about 1.3% since the start of 2026. This week, however, shares of the solar stock are heading sharply in the other direction. With an analyst providing a bullish outlook for First Solar stock, investors have found sufficient cause to click the buy button. According to data provided by S&P Global Market Intelligence, shares of Fir...
Before this week began, First Solar (FSLR +0.66%) stock had declined about 1.3% since the start of 2026. This week, however, shares of the solar stock are heading sharply in the other direction. With an analyst providing a bullish outlook for First Solar stock, investors have found sufficient cause to click the buy button. According to data provided by S&P Global Market Intelligence, shares of First Solar are up 17.7% from the end of trading last Friday through the close of yesterday's market session. One analyst is forecasting bright days ahead for this solar stock Upgrading First Solar stock to buy from hold on Wednesday, GLJ Research analyst Gordon Johnson raised his price target 52% to $315 from $207.82. According to Thefly.com, the company has reduced its risk through the launch of its Series 6 CuRe Copper Replacement program at its Ohio manufacturing campus. Expand NASDAQ : FSLR First Solar Today's Change ( 0.66 %) $ 2.00 Current Price $ 305.38 Key Data Points Market Cap $33B Day's Range $ 299.00 - $ 313.75 52wk Range $ 135.50 - $ 313.75 Volume 57.8K Avg Vol 2.2M Gross Margin 41.73 % Based on First Solar's shares closing at $269.95 on Tuesday, Johnson's price target implies upside of 16.7%. Is now the time to power your portfolio with First Solar stock? Instead of placing too much emphasis on one analyst's price target, potential solar stock investors would be better served to evaluate the company's financials. With the company growing both revenue and free cash flow over the past couple of years, First Solar is in sound financial health. And while the current lack of enthusiasm in Washington D.C. may be a headwind for First Solar in the near-term, this certainly isn't a factor that suggests the sun has set on the company's potential growth in the long term.