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To: The Ox who wrote (3863)11/13/2014 12:29:55 PM
From: The Ox1 Recommendation

Recommended By
Return to Sender

  Read Replies (2) | Respond to 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....



To: The Ox who wrote (3863)11/13/2014 2:00:05 PM
From: Return to Sender1 Recommendation

Recommended By
The Ox

  Read Replies (1) | Respond to of 8255
 
Solar stocks and oil often move in tandem.

finance.yahoo.com



I probably won't rush back into any solar related stock until oil prices firm. I like FSLR because I have traded it before. You can see it plotted against the monthly price of oil on the histogram behind its chart:



RtS