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Positive Report for Canadian Solar (CSIQ) from Freedom Capital Markets

Tipranks - Tipranks - Wed Mar 25, 3:04PM CDT

Canadian Solar received a Buy rating and a $16.00 price target from Freedom Capital Markets analyst Dmitriy Pozdnyakov today.

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According to TipRanks, Pozdnyakov is ranked #10126 out of 12068 analysts.

In addition to Freedom Capital Markets, Canadian Solar also received a Buy from Oppenheimer’s Colin Rusch in a report issued on March 20. However, yesterday, Roth MKM maintained a Hold 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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