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Canadian Solar downgraded to Sell from Neutral at Citi

Citi downgraded Canadian Solar (CSIQ) to Sell from Neutral with an $11 price target The company is facing multiple challenges, including: potential penalties from the U.S. Court of International Trade; FEOC restrictions starting January 2026; Section 232 investigation on Polysilicon; relatively high leverage in the project development business, and; dependency on the U.S. market to sustain operations within the CSI Solar segment.

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