Canadian Solar (CSIQ) Reports In-Line Q3 EPS; Sees Q4 Shipments Up Sequentially

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/5/2026

1. HUBS
2. EXPE
3. FIS
4. ARM
5. BROS
6. QCOM
7. ZG
8. DDOG
9. EW
10. CPAY

Go back to Canadian Solar (CSIQ) Reports In-Line Q3 EPS; Sees Q4 Shipments Up Sequentially

Roth Capital Cuts PT on Canadian Solar (CSIQ) to $11 Following Q3 Results, Outlook

November 22, 2016 6:53 AM EST

Roth Capital cuts its price target on Neutral-rated Canadian Solar (Nasdaq: CSIQ) from $20 down to $11 following Q3 results and weak guidance on Monday morning.

The firm commented, In our module vendor coverage universe, CSIQ was our last stock with a Buy rating. We had maintained the rating... More

FBR Capital Downgrades Canadian Solar (CSIQ) to Market Perform; Sees Weaker Margins

November 22, 2016 6:23 AM EST

FBR Capital downgraded Canadian Solar (NASDAQ: CSIQ) from Outperform to Market Perform with a price target of $12.00 (from $23.00), saying manufacturing issues and timing on project sales to clip margins.

Analyst Carter Driscoll commented, "CSIQ delivered a decent 3Q16 despite a weak solar market. However, not surprisingly, CSIQ lowered 2016 guidance on higher-than-expected pricing pressure. Surprisingly,... More