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Roth MKM Remains a Hold on Canadian Solar (CSIQ)

Tipranks - Tipranks - Mon Mar 23, 6:46PM CDT

In a report released today, Philip Shen from Roth MKM maintained a Hold rating on Canadian Solar, with a price target of $15.00.

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According to TipRanks, Shen is a 4-star analyst with an average return of 8.2% and a 42.45% success rate. Shen covers the Technology sector, focusing on stocks such as SolarEdge Technologies, Shoals Technologies Group, and Nextpower Inc.

In addition to Roth MKM, Canadian Solar also received a Hold from TipRanks – OpenAI’s OpenAI Solar in a report issued yesterday. However, on the same day, TipRanks – Anthropic reiterated a Sell rating on Canadian Solar (NASDAQ: CSIQ).

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Based on Canadian Solar’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.22 billion and a GAAP net loss of $86.34 million. In comparison, last year the company earned a revenue of $1.52 billion and had a net profit of $33.9 million

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