Invesco Solar ETF Price & Performance (TAN)

Citigroup has upgraded Canadian Solar's rating from Sell to Neutral, reflecting a more balanced view on the company's prospects. While the firm saw a decrease in institutional ownership last quarter, some major stakeholders like Mackenzie Financial increased their holdings. The upgrade comes as the solar sector faces ongoing market volatility.12

Investors eyeing the Invesco Solar ETF are facing a challenging environment, with the fund trading near multi-year lows and forecasts signaling continued weakness. While some analysts see potential value due to steep declines, shifting energy policies and limited growth catalysts may keep the sector under pressure in the near term.34

The Invesco Solar Energy UCITS ETF declined by 0.66% on Thursday, with technical analysis pointing to a likely continued drop over the next quarter. The ETF remains in a broad downward trend, and low trading volume adds to risk, signaling caution for investors looking for a turnaround.5