Citi lowered the firm’s price target on Canadian Solar to $24 from $26 and keeps a Neutral rating on the shares. The firm believes the stock is bottoming, and that its price target cut is primarily due to lowered revenue estimates.
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Read More on CSIQ:
- Canadian Solar Reports Fourth Quarter and Full Year 2023 Results
- Canadian Solar price target lowered to $9.10 from $16.43 at GLJ Research
- CSIQ Earnings this Week: How Will it Perform?
- Canadian Solar partners with Sol Systems to scale new solar module production
- Canadian Solar put volume heavy and directionally bearish
