JP Morgan Maintains Underweight on Canadian Solar, Raises Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Mark Strouse maintains an Underweight rating on Canadian Solar (NASDAQ:CSIQ) but raises the price target from $17 to $20.
July 16, 2024 | 3:11 pm
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JP Morgan analyst Mark Strouse maintains an Underweight rating on Canadian Solar but raises the price target from $17 to $20.
The Underweight rating suggests a bearish outlook, but the raised price target indicates some positive expectations. The mixed signals likely result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100