Roth Sees Canadian Solar's (CSIQ) Cost Management Actions Panning Out; Affirms at 'Buy'
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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... MoreCanadian Solar (CSIQ) Tops Q2 EPS by 31c; Guides Q3 Revenue Below Views
August 18, 2016 7:43 AM EDTCanadian Solar (NASDAQ: CSIQ) reported Q2 EPS of $0.68, $0.31 better than the analyst estimate of $0.37. Revenue for the quarter came in at $805.9 million versus the consensus estimate of $717.47 million.
Total solar module shipments recognized in revenue were 1,290 MW, compared to 1,172 MW recognized in... More
