Evercore ISI Group Maintains Outperform on SunPower, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Sean Morgan has maintained an 'Outperform' rating on SunPower (NASDAQ:SPWR), but lowered the price target from $22 to $13.

July 26, 2023 | 4:52 pm
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SunPower's price target has been lowered from $22 to $13 by Evercore ISI Group, though the 'Outperform' rating is maintained.
The lowering of the price target by Evercore ISI Group indicates a potential decrease in the short-term value of SunPower's stock. However, the maintained 'Outperform' rating suggests that the stock is still expected to outperform the market, which could mitigate some of the negative impact.
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IMPORTANCE 80
RELEVANCE 100