Jefferies initiated coverage of Canadian Solar (CSIQ) with a Buy rating and $14.15 price target Overcapacity in solar has now been priced in, but potentially weaker PV, or photovoltaic, solar demand from China in 2026 will remain an overhang for stocks in the group in the first nine months of 2025, says the analyst, who sees a “cyclical trading opportunity.”
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CSIQ:
- Canadian Solar call volume above normal and directionally bullish
- Musk says solar power to be ‘majority of power generation in the future’
- Canadian Solar’s Revenue Growth Driven by Energy Storage
- Buy/Sell: Wall Street’s top 10 stock calls this week
- Treasury publishes final rule for Advanced Manufacturing Production Credit