Goldman Sachs Maintains Sell Rating for Canadian Solar: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Goldman Sachs maintains its Sell rating for Canadian Solar (NASDAQ:CSIQ) and raises its price target from $35.00 to $39.00. Shares of Canadian Solar are trading up 5.74% over the last 24 hours, at $42.52 per share.
May 22, 2023 | 5:03 pm
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Goldman Sachs maintains Sell rating for Canadian Solar and raises price target from $35.00 to $39.00. Shares are trading up 5.74% over the last 24 hours.
Goldman Sachs' decision to maintain a Sell rating for Canadian Solar indicates a negative outlook for the stock. The raised price target, however, suggests a slightly less bearish view. The stock's recent 5.74% increase in share price may be short-lived due to the maintained Sell rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100