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To: Eric who wrote (126)	3/25/2008 11:58:46 AM
From: Lynn	Read Replies (1) \| Respond to of 230

This is from the 50% investing thread. No source was given there: Canadian Solar Shares Rise After Upgrade Tuesday March 25, 11:12 am ET Shares of Canadian Solar Rise After Analyst Upgrades to 'Buy' Even As Markets Wobble NEW YORK (AP) -- An analyst upgrade is helping to lift shares of Canadian Solar Inc. on Tuesday as the broader markets wobble. Shares have gained $1.79, or 10.2 percent, to $19.30. The stock has lost more than 30 percent this year. Lazard Capital Markets analyst Sanjay Shrestha moved his rating on the Markham, Ontario, company to "Buy" from "Hold." Canadian Solar is helping its competitive chances by building a flexible sourcing model and scale, which should act as a buffer if a potential imbalance between supply and demand occurs, he said. Solar cell manufacturing capacity is growing and the company already has 90 percent of the raw materials needed for a 2008 product shipment, he said. Shrestha's price target is $24, implying he expects the stock to rise about 37 percent over Monday's $17.51 close.