Fly News Breaks for March 6, 2015
CSIQ
Mar 6, 2015 | 08:56 EDT
Goldman upgraded Canadian Solar to Conviction Buy from Neutral and raised its price target to $56.60 from $30 based on value accretion from the potential YieldCo spin-off plan. The firm believes the transformation to an own/operate model from a build/flip model will enable Canadian Solar to generate long-term predictable cash-flow and earnings, with the creation of a YieldCo unlocking shareholder value and helping to secure low-cost funding.
News For CSIQ From the Last 2 Days