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Big news in the photovoltaic industry! The Biden administration is reportedly considering reducing tariffs on CECEP Solar Energy equipment from Mexico.
If Biden exempts tariffs, the sustainability of his policy is in doubt, as Trump threatens to impose a 25% tariff on Canada and Mexico, and US manufacturers are lobbying for increased tax-exempt quotas.
TD Cowen Initiates Sunrun(RUN.US) With Buy Rating, Announces Target Price $21
Sunrun (RUN) Receives a New Rating From TD Cowen
TD Cowen Initiates Coverage on Sunrun With Buy Rating, $21 Price Target
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SolarEdge Stock Jumps After Goldman Double Upgrade. Solar Can Shine Again in 2025. -- Barrons.com
Goldman Sachs Maintains Sunrun(RUN.US) With Buy Rating, Announces Target Price $17
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RBC Capital Maintains Sunrun(RUN.US) With Buy Rating, Cuts Target Price to $17
RBC Capital Remains a Buy on Sunrun (RUN)
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A tariff of up to 271% is being wielded like a 'big stick' against photovoltaics! The usa plans to take action on solar energy imports from Southeast Asia.
The US Department of Commerce preliminarily ruled on Friday, USA eastern time, that solar energy products imported from Southeast Asia are being unfairly sold in the USA at prices below production costs, and proposed tariffs of up to 271% to counteract this practice.
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