Notable Downgrades: Canadian Solar (CSIQ), Citigroup (C), Fossil Group (FOSL), Lululemon (LULU), WuXi PharmaTech (WX) - InvestingChannel

Notable Downgrades: Canadian Solar (CSIQ), Citigroup (C), Fossil Group (FOSL), Lululemon (LULU), WuXi PharmaTech (WX)

Analysts at Standpoint Research downgraded Canadian Solar Inc. (CSIQ) from ‘Buy‘ to ‘Hold‘ in a research report issued to clients on Friday. On valuation measures, Canadian Solar Inc. stock it’s trading at a forward P/E multiple of 6.38x, and at a multiple of 10.48x this year’s estimated earnings. The t-12-month revenue at Canadian Solar Inc. […]

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