Citigroup Maintains Neutral on Canadian Solar, Lowers Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst J.B. Lowe has maintained a Neutral rating on Canadian Solar (NASDAQ:CSIQ) and lowered the price target from $42 to $30.
August 24, 2023 | 2:58 pm
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NEGATIVE IMPACT
Citigroup has maintained a Neutral rating on Canadian Solar but lowered the price target from $42 to $30.
The lowering of the price target by Citigroup indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Canadian Solar's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100