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Fly News Breaks for July 25, 2016
CSIQ
Jul 25, 2016 | 07:46 EDT
Oppenheimer analyst Colin Rusch lowered his price target for Canadian Solar to $30 from $50 to reflect lower modules as well as the impact of a recent tornado in its manufacturing operation. Nonetheless, he continues to be encouraged by progress on project financing in Japan and the company's balance sheet management to date. Oppenheimer has an Outperform rating on the shares.
News For CSIQ From the Last 2 Days
CSIQ
Apr 24, 2024 | 11:02 EDT
Wells Fargo notes that a group of seven domestic solar product makers, including First Solar (FSLR), filed a petition to levy anti-dumping and countervailing duties on solar imports from Cambodia, Malaysia, Thailand and Vietnam, looking for duties ranging from 70.4% to 271.5%. The firm, which included the "important reminder" that "this is just a petition," says the uncertainty created by the petition is "incrementally positive" for First Solar and negative for Canadian Solar (CSIQ), Array Technologies (ARRY) and Nextracker (NXT).
