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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. […] View the full post at: Notable Downgrades: Canadian Solar (CSIQ), Citigroup (C), Fossil Group (FOSL), Lululemon (LULU), WuXi PharmaTech (WX) Related posts: Moody’s Downgrades Greece’s Debt Rating to A2 Top Pre-Market Stock Upgrades/Downgrades April 30, 2010 Barclays Downgrades GE Unit Debt
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