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To: The Ox who wrote (3863)	11/13/2014 12:29:55 PM
From: The Ox	1 Recommendation Read Replies (2) of 8255

Just for reference: Northland Capital Markets analyst Colin Rusch raised estimates and his price target on Outperform-rated Canadian Solar (NASDAQ: CSIQ) to $48.00 (from $47.00) following Q3 results. The analyst said fears of peak earnings are unfounded. Q4 EPS goes from $1.38 to $1.39, FY 2014 EPS goes from $3.71 to $4.20 and FY 2015 EPS goes from $4.66 to $4.83. For an analyst ratings summary and ratings history on Canadian Solar click here. For more ratings news on Canadian Solar click here. Shares of Canadian Solar closed at $28.08 yesterday. EDIT - so he puts a forward PE of 10 for his price target and the current PE (assuming 4th qtr will be accurate...) of 6.2 based on $4.20 in earnings....

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