JP Morgan Maintains Underweight on SunPower, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Mark Strouse maintains an Underweight rating on SunPower (NASDAQ:SPWR) and lowers the price target from $10 to $9.
September 15, 2023 | 2:25 pm
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NEGATIVE IMPACT
SunPower's price target has been lowered from $10 to $9 by JP Morgan, which maintains an Underweight rating on the stock.
The lowering of the price target by JP Morgan indicates a bearish outlook for SunPower. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100