Barclays Maintains Underweight on SunPower, Lowers Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Christine Cho has maintained an 'Underweight' rating on SunPower (NASDAQ:SPWR) and lowered the price target from $15 to $11.
July 13, 2023 | 11:05 am
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NEGATIVE IMPACT
Barclays has maintained an 'Underweight' rating on SunPower and lowered the price target from $15 to $11.
The news directly pertains to SunPower (SPWR). Barclays' decision to maintain an 'Underweight' rating and lower the price target could negatively impact investor sentiment and potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100