Truist Securities Maintains Hold on SunPower, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Jordan Levy has maintained a 'Hold' rating on SunPower (NASDAQ:SPWR) and lowered the price target from $13 to $10.
August 01, 2023 | 3:22 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
SunPower's price target has been lowered from $13 to $10 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 not expected to outperform the market in the near term, which could negatively impact investor sentiment and the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100