Canadian Solar (CSIQ) Tops Q2 EPS by 31c; Guides Q3 Revenue Below Views
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Roth Sees Canadian Solar's (CSIQ) Cost Management Actions Panning Out; Affirms at 'Buy'
August 19, 2016 9:51 AM EDTRoth Capital affirms Canadian Solar (Nasdaq: CSIQ) at Buy with a price target of $20 following Q2 results and outlook issued early Thursday.
Analyst Philip Shen offered the following overall thoughts today: With the stock down 14% in August alone, CSIQ closed up 18% on short covering as the market was looking for a miss and even weaker guide, especially at the margin level. While we... More
Cowen Downgrades Canadian Solar (CSIQ) to Market Perform
August 19, 2016 6:30 AM EDTCowen downgraded Canadian Solar (NASDAQ: CSIQ) from Outperform to Market Perform with a price target of $13.00 (from $20.00).
For an analyst ratings summary and ratings history on Canadian Solar click here. For more ratings news on Canadian Solar click here.
Shares of Canadian Solar closed at $14.35 yesterday.
... MoreFBR Cuts PT on Canadian Solar (CSIQ) to $23; Q2 Pressured, but Outlook Not as Bad as Feared
August 19, 2016 6:23 AM EDTFBR & Co. trims its price target on Outperform-rated Canadian Solar (Nasdaq: CSIQ) from $32 down to $23 following recent Q2 results and outlook.
The firm noted key points from CSIQ's recently quarterly report:
2Q beat. CSIQ reported 2Q16 revenue of $805.7M, module shipments of 1.29 GW, and gross margin of 17.2%, ahead of its... More