Canadian Solar Reaches Analyst Target Price
August 21, 2017 at 09:31 AM EDT
In recent trading, shares of Canadian Solar Inc (CSIQ) have crossed above the average analyst 12-month target price of $16.41, changing hands for $16.63/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..