Morgan Stanley Maintains Equal-Weight on SunPower, Raises Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd has maintained an Equal-Weight rating on SunPower (NASDAQ:SPWR) and raised the price target from $15 to $17.
July 17, 2023 | 2:48 pm
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Morgan Stanley has maintained an Equal-Weight rating on SunPower and raised the price target from $15 to $17.
The news is directly related to SunPower (SPWR). The decision by Morgan Stanley to maintain an Equal-Weight rating indicates a neutral outlook for the company. However, the increase in the price target from $15 to $17 suggests a positive short-term impact on the stock price.
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