Canadian Solar, Inc. (CSIQ) Reports Q2 EPS of 95c, Offers Q3 Guidance

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Go back to Canadian Solar, Inc. (CSIQ) Reports Q2 EPS of 95c, Offers Q3 Guidance

Canadian Solar (CSIQ) Outperform Rating Reiterated at FBR

August 13, 2014 2:44 PM EDT

FBR Capital maintained an Outperform rating on Canadian Solar (NASDAQ: CSIQ) with a price target of $40. Comments follow Q2 results. Analyst Aditya Satghare sees continued pipeline growth.

"Results and margins were positively impacted during the quarter by a higher proportion of revenues being derived from the companys project business,... More