Wells Fargo lowered the firm’s price target on Canadian Solar (CSIQ) to $13 from $15. Canadian Solar reported a mixed Q3, and Q4 and 2025 solar module shipment guidance was light, partially offset by a strong 2025 battery shipment forecast, the analyst tells investors in a research note. The firm keeps an Equal Weight rating on the shares given significant policy headwinds in the U.S.
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Read More on CSIQ:
- Canadian Solar’s Mixed Q3 Results: Growth Amid Challenges
- Canadian Solar price target lowered to $13 from $15 at Wells Fargo
- Canadian Solar’s Mixed Q3: Loss Amid Growth and Investments
- Canadian Solar sees Q4 revenue $1.5B-$1.7B, consensus $2.14B
- Canadian Solar sees FY25 total module shipments 30-35 GW