Market Overview

Piper Jaffray Rolls Out 2012 Estimates On Canadian Solar

Share:

Piper Jaffray is rolling out its 2012 estimates on Canadian Solar Inc.
(NASDAQ: CSIQ) with a Neutral and a $14 price target based on 8x multiple to its FY12 estimate of $1.69.

Some of the risks to achieving that PT, Piper Jaffray said, include subsidy reductions; ASP declines; and execution risks in capacity expansion.

Canadian Solar Inc. closed Friday at $12.39.

 

Related Articles (CSIQ)

View Comments and Join the Discussion!

Posted-In: Canadian Solar Inc. Piper JaffrayAnalyst Ratings

Latest Ratings

StockFirmActionPT
TRVINeedhamMaintains12.0
VLOScotiaBankMaintains72.0
PSXScotiaBankMaintains79.0
MPCScotiaBankMaintains48.0
HFCScotiaBankMaintains36.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com