Citigroup Maintains Neutral on Canadian Solar, Lowers Price Target to $24
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst J.B. Lowe maintains a Neutral rating on Canadian Solar (NASDAQ:CSIQ) and lowers the price target from $26 to $24.
March 15, 2024 | 2:47 pm
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Citigroup analyst J.B. Lowe maintains a Neutral rating on Canadian Solar and lowers the price target from $26 to $24.
The reduction in the price target by Citigroup suggests a bearish outlook on Canadian Solar's short-term price potential, likely due to anticipated challenges or underperformance. This could lead to negative sentiment among investors, potentially impacting the stock's short-term price movement negatively.
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IMPORTANCE 75
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