Truist Securities Maintains Hold on SunPower, Lowers Price Target to $13
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Jordan Levy has maintained a 'Hold' rating on SunPower (NASDAQ:SPWR) and lowered the price target from $14 to $13.
July 14, 2023 | 2:05 pm
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NEGATIVE IMPACT
SunPower's price target has been lowered from $14 to $13 by Truist Securities, which maintains a 'Hold' rating on the stock.
The lowering of the price target by Truist Securities indicates a potential decrease in the stock's value. The 'Hold' rating suggests that the stock is expected to perform at the same level in the near term. This could lead to a negative short-term impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100