Roth MKM Upgrades Maxeon Solar Technologies to Buy, Raises Price Target to $40
Portfolio Pulse from richadhand@benzinga.com
Roth MKM analyst Philip Shen upgrades Maxeon Solar Technologies (NASDAQ:MAXN) from Neutral to Buy and raises the price target from $21 to $40.
June 14, 2023 | 10:33 am
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POSITIVE IMPACT
Maxeon Solar Technologies (NASDAQ:MAXN) has been upgraded from Neutral to Buy by Roth MKM analyst Philip Shen, with a raised price target of $40.
The upgrade from Neutral to Buy and the significant increase in the price target from $21 to $40 by Roth MKM analyst Philip Shen indicates a positive outlook for Maxeon Solar Technologies. This news is likely to have a positive short-term impact on the stock price as it reflects increased confidence in the company's performance and potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100