Goldman Sachs Maintains Neutral on Canadian Solar, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Brian Lee has maintained a Neutral rating on Canadian Solar (NASDAQ:CSIQ) while lowering the price target from $18 to $16.
August 26, 2024 | 1:53 pm
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NEGATIVE IMPACT
Goldman Sachs has maintained a Neutral rating on Canadian Solar but reduced the price target from $18 to $16, indicating a less optimistic outlook.
The lowering of the price target by Goldman Sachs suggests a less optimistic view on Canadian Solar's short-term performance, which could negatively impact investor sentiment and the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100