Roth MKM Maintains Buy on Canadian Solar, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Philip Shen maintains a Buy rating on Canadian Solar (NASDAQ:CSIQ) but lowers the price target from $25 to $20.
August 26, 2024 | 2:29 pm
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Roth MKM analyst Philip Shen maintains a Buy rating on Canadian Solar but lowers the price target from $25 to $20, indicating a more cautious outlook.
The analyst's decision to maintain a Buy rating suggests confidence in the company's long-term prospects, but the lowered price target reflects a more cautious short-term outlook. This mixed signal may result in neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100