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Fly News Breaks for November 22, 2016
CSIQ
Nov 22, 2016 | 06:49 EDT
FBR Capital analyst Carter Driscoll downgraded Canadian Solar to Market Perform and lowered his price target for the shares to $12 from $23 following the company's Q3 results. Module volumes are being constrained by manufacturing issues, Driscoll tells investors in a research note.
News For CSIQ From the Last 2 Days
CSIQ
Mar 26, 2024 | 07:50 EDT
Roth MKM lowered the firm's price target on Maxeon Solar (MAXN) to $3 from $6 and keeps a Neutral rating on the shares. The firm cites the company's announcement stating it had initiated a TOPCon patent infringement lawsuit against Canadian Solar (CSIQ), noting that this could cause a disruption in the industry as many may not be fully aware of the strength of its TOPCon IP portfolio. Maxeon TOPCon patents predate any other TOPCon technology, the analyst tells investors in a research note.