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First Solar and SolarEdge Are Falling. Why Solar Stocks Got Downgraded.

Solar stocks including First Solar were falling Wednesday, after asset manager Guggenheim Partners downgraded four companies in the sector, citing rising input costs and the shares’ recent relative outperformance.

First Solar (ticker: FSLR), SolarEdge (SEDG), Array Technologies (ARRY), and Shoals Technologies (SHLS) were all downgraded from buy to neutral by analysts at Guggenheim. 

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