Jefferies Downgrades Canadian Solar (CSIQ) to Hold
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Price: $14.55 -1.22%
Rating Summary:
13 Buy, 15 Hold, 3 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
13 Buy, 15 Hold, 3 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Jefferies downgraded Canadian Solar (NASDAQ: CSIQ) from Buy to Hold and cut their price target from $14 to $11.
The firm said tier two suppliers like CSIQ has lack the distribution and brand to command a price premium.
For more ratings news on Canadian Solar click here and for the rating history of Canadian Solar click here.
Shares of Canadian Solar closed at $11.05 yesterday.
The firm said tier two suppliers like CSIQ has lack the distribution and brand to command a price premium.
For more ratings news on Canadian Solar click here and for the rating history of Canadian Solar click here.
Shares of Canadian Solar closed at $11.05 yesterday.
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