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Fly News Breaks for October 27, 2015
CSIQ
Oct 27, 2015 | 07:54 EDT
Canaccord lowered its price target on Canadian Solar to $29 from $40 as the company's module business is experiencing a tightening supply/demand during the end of year adoption cycle. The firm said its near-term fundamental story remains intact with potential upside to the company's 2015 guidance. Canaccord reiterated its Buy rating on Canadian Solar shares.