Oppenheimer Believes Canadian Solar Inc (NASDAQ: CSIQ) Won’t Stop Here

By Jason Carr

Oppenheimer analyst Colin Rusch maintained a Buy rating on Canadian Solar Inc (CSIQResearch Report) on February 6. The company’s shares closed on Friday at $20.57, close to its 52-week high of $21.69.

According to TipRanks.com, Rusch is a 5-star analyst with an average return of 9.4% and a 48.1% success rate. Rusch covers the Industrial Goods sector, focusing on stocks such as Capstone Turbine Corp, Amer Superconductor, and Fuelcell Energy.

Canadian Solar Inc has an analyst consensus of Strong Buy, with a price target consensus of $21.

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The company has a one-year high of $21.69 and a one-year low of $11.37. Currently, Canadian Solar Inc has an average volume of 847.1K.

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Canadian Solar, Inc. engages in the manufacture of solar photovoltaic modules and a provider of solar energy solutions. It operates through the Module and System Solutions (MSS), and Energy segments.