Goldman Sachs Maintains Neutral on Canadian Solar, Lowers Price Target to $24
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Brian Lee maintains a Neutral rating on Canadian Solar (NASDAQ:CSIQ) and lowers the price target from $28 to $24.
March 15, 2024 | 2:36 pm
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NEGATIVE IMPACT
Goldman Sachs maintains a Neutral rating on Canadian Solar and lowers the price target from $28 to $24.
The reduction in price target by Goldman Sachs suggests a less optimistic outlook on Canadian Solar's stock, potentially due to underlying challenges or market conditions. This adjustment is likely to influence investor sentiment negatively in the short term, leading to a possible decrease in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100