Goldman Sachs Maintains Buy on Maxeon Solar Technologies, Lowers Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Brian Lee maintains a Buy rating on Maxeon Solar Technologies (NASDAQ:MAXN) but has lowered the price target from $43 to $37.
August 11, 2023 | 12:20 pm
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NEUTRAL IMPACT
Goldman Sachs maintains a Buy rating on Maxeon Solar Technologies but lowers the price target from $43 to $37.
The news is directly related to Maxeon Solar Technologies. While the maintained Buy rating is positive, the lowered price target might indicate a potential downside, which could have a neutral to slightly negative impact on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100