Wells Fargo Maintains Equal-Weight on Canadian Solar, Lowers Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Blum has maintained an Equal-Weight rating on Canadian Solar (NASDAQ:CSIQ) and reduced the price target from $28 to $23.

March 19, 2024 | 10:56 am
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Wells Fargo has maintained an Equal-Weight rating on Canadian Solar but lowered the price target from $28 to $23.
The reduction in the price target by Wells Fargo suggests a bearish outlook on Canadian Solar's short-term price potential, likely due to factors not specified in the article. This adjustment could lead to a negative perception among investors, potentially causing a short-term decrease in the stock price.
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