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Enter Symbol:
Rating: CSIQ
Hold
up 21.00 %

Canadian Solar Inc. (NASDAQ: CSIQ) downgraded to Hold by Standpoint Research

Wednesday,  Nov 25, 2015  12:25 PM ET by Lynn Gilbert

Standpoint Research downgraded Canadian Solar Inc. (NASDAQ: CSIQ) to Hold. Previously, Standpoint Research rated Canadian Solar Inc. (NASDAQ: CSIQ) to Buy with price target $26
on 08/21/2015, when the stock price was valued at $18.42. Since then, Canadian Solar Inc.'s stock price has gained 21% as of 11/25/2015's recent price of $22.33.
If you had followed Standpoint Research's previous recommendation on CSIQ, you would have gained 21% of your investment in 96 days.

Canadian Solar Inc. is a vertically integrated manufacturer of solar module and customer-designed solar application products serving worldwide customers. CSI is incorporated in Canada and conducts all of its manufacturing operations in China. Backed by years of experience and knowledge in the solar power market and the silicon industry, CSI has become a major global provider of solar power products for a wide range of applications.

Standpoint Research provides independent equity research that is free from the conflicts of asset management, investment banking, proprietary trading, and fee-for-research arrangements. We provide thorough analysis, diagnostics and forecasts on domestic and international equities and markets backed by alpha-generating variables back-tested on many years of data. Standpoint Research currently advises and sells its research to pension funds, hedge funds and asset management firms. Wall Street analysts have an optimistic bias, while we are more objective. In fact some of the variables in our model that are looked at as positives by Wall Street actually carry negative weight in our model. We have a strict discipline that includes running our proprietary 155-variable valuation and diagnostics model with a personal and subjective overlay that has been proven to add value. The effectiveness is demonstrated through our impressive track record of recommendations.



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