Citigroup Maintains Neutral on SunPower, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Vikram Bagri has maintained a Neutral rating on SunPower (NASDAQ:SPWR) and lowered the price target from $12 to $10.
August 04, 2023 | 11:21 am
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SunPower's price target has been lowered from $12 to $10 by Citigroup, while maintaining a Neutral rating.
The lowering of the price target by Citigroup indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on SunPower's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100