Roth Capital analyst Philip Shen raised the firm’s price target on Canadian Solar (CSIQ) to $11 from $9 and keeps a Neutral rating on the shares. The company delivered a Q1 earnings beat and issued a strong Q2 guide offset by a lower 2025 outlook, the analyst tells investors in a research note. Margins could be healthy through 2025 with a higher mix of US shipments and batteries, Roth added.
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