Roth MKM Reiterates Buy on Canadian Solar, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Justin Clare reiterates a Buy rating on Canadian Solar (NASDAQ:CSIQ) and raises the price target from $55 to $70.
May 31, 2023 | 3:31 pm
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Roth MKM analyst Justin Clare reiterates a Buy rating on Canadian Solar and raises the price target from $55 to $70.
The news of Roth MKM reiterating a Buy rating and raising the price target for Canadian Solar (CSIQ) from $55 to $70 is positive for the stock. This indicates that the analyst has a bullish outlook on the company's performance and growth potential. Investors may view this as a positive signal, which could lead to an increase in demand for the stock and a potential short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100