Analyst Expectations for SunPower's Future
Portfolio Pulse from Benzinga Insights
SunPower (NASDAQ:SPWR) has received mixed analyst ratings in the last quarter, with 2 bullish, 1 somewhat bullish, 7 indifferent, and 3 somewhat bearish. The average 12-month price target for SunPower is $11.92, representing a 21.84% decrease from the previous average price target of $15.25.
September 06, 2023 | 5:00 pm
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NEGATIVE IMPACT
Mixed analyst ratings and a decreased price target could impact SunPower's stock negatively in the short term.
Analyst ratings are a significant factor that investors consider when making investment decisions. The mixed ratings and decreased price target indicate uncertainty about SunPower's future performance, which could lead to a decrease in its stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100