Canadian Solar (CSIQ) Tops Q2 EPS by 18c; Issues Light Q3 Revenue Outlook
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Canaccord Genuity Cuts Price Target on Canadian Solar (CSIQ) Following 18c EPS Beat
August 19, 2015 9:11 AM EDTCanaccord Genuity maintained a Buy rating on Canadian Solar (NASDAQ: CSIQ), and cut the price target to $40.00 (from $45.00), following the company's 2Q15 earnings report. Revenues in Q2 were $636.7M, higher consensus of $593M. EPS was $0.31 compared to consensus estimate of $0.13. Management provided... More
Roth Capital Trims PT on Canadian Solar (CSIQ) Following Q2 Results, Outlook; Notes Yieldco Remains 'on Track'
August 19, 2015 6:52 AM EDTRoth Capital affirms Canadian Solar (Nasdaq: CSIQ) with a Buy rating, but lowers its price target from $46 to $40 following Q2 results and outlook issued Tuesday night.
Analyst Philip Shen offered the following overall thoughts: What differentiates CSIQ vs. peers, in our view, is the company's robust downstream strategy; it is the only... More
