SunPower shares are trading higher after Raymond James upgraded the stock from Outperform to Strong and announced a $21 price target.
Portfolio Pulse from Benzinga Newsdesk
Raymond James has upgraded SunPower's stock from Outperform to Strong and announced a $21 price target. This has resulted in SunPower shares trading higher.

July 12, 2023 | 12:21 pm
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POSITIVE IMPACT
SunPower's stock has been upgraded by Raymond James, leading to an increase in its share prices. The new price target is $21.
The upgrade from Raymond James is a positive signal for SunPower's stock. This, coupled with the announcement of a $21 price target, has led to an increase in the company's share prices. This suggests a positive short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100