First Solar is trading 4.41% up at $234.19 following Morgan Stanley raising its price target on the stock. * Morgan Stanley raised its price target to $245 from $230 and maintained an "Overweight" rating. * This upgrade comes ahead of the company's Q2 earnings report. * The stock is significantly outperforming the broader U.S. markets, as the S&P 500 and Nasdaq are both up less than 0.5%.