Barclays Maintains Underweight on SunPower, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Christine Cho maintains an Underweight rating on SunPower (NASDAQ:SPWR) and has lowered the price target from $11 to $9.
August 04, 2023 | 10:48 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Barclays has maintained an Underweight rating on SunPower and lowered the price target from $11 to $9.
The lowered price target by Barclays indicates a bearish outlook for SunPower. This could potentially lead to a decrease in the stock price in the short term as it may influence investor sentiment negatively.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100