Canadian Solar Inc. (NASDAQ:CSIQ – Get Free Report)’s stock price gapped up prior to trading on Thursday . The stock had previously closed at $16.13, but opened at $16.98. Canadian Solar shares last traded at $17.47, with a volume of 484,541 shares.
Analyst Ratings Changes
A number of research firms have weighed in on CSIQ. The Goldman Sachs Group lowered their target price on Canadian Solar from $28.00 to $24.00 and set a “neutral” rating for the company in a report on Friday, March 15th. UBS Group decreased their price objective on Canadian Solar from $38.00 to $35.00 and set a “buy” rating for the company in a report on Wednesday, June 12th. Wells Fargo & Company decreased their price objective on Canadian Solar from $28.00 to $23.00 and set an “equal weight” rating for the company in a report on Tuesday, March 19th. StockNews.com upgraded Canadian Solar from a “sell” rating to a “hold” rating in a…
