Investing.com -- Baird upgraded First Solar to Outperform from Neutral in a note Tuesday, telling investors a tariff decision removes a key overhang and clears the way for new bookings to resume. Analyst Ben Kallo raised the firm's price target to $318 from $205, noting that the firm had spent nearly six months on the sidelines. However, Kallo said that central to the call is that the Section 232 tariff outcome "removes an overhang for bookings to resume (and at higher ASPs)." He also expects utility-scale solar strength to continue into the next decade, benefiting First Solar as "the largest pure-play market cap solar manufacturer." Related articlesFirst Solar raised at Baird as Section 232 clears path for bookingsWho wins most in NVIDIA's $500 billion private capital deal?