KeyBanc

Shares of First Solar rose after KeyBanc removed its underweight rating on the solar panel maker. The move by the brokerage signaled a more neutral or positive stance on the company, prompting investors to buy the stock. First Solar, a major US-based solar manufacturer, has been closely watched amid shifting policy and demand dynamics in the clean energy sector.

KeyBanc has upgraded its rating on First Solar, telling clients that the solar panel maker's current valuation limits further downside risk. The call comes as investors weigh the outlook for US solar manufacturers amid shifting policy and demand conditions. Analysts' comments suggest the stock's recent weakness has already priced in much of the negative news.