Susquehanna Maintains Positive on SunPower, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Biju Perincheril maintains a positive outlook on SunPower (NASDAQ:SPWR), but has lowered the price target from $14 to $8.
October 02, 2023 | 5:12 pm
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SunPower's price target has been lowered from $14 to $8 by Susquehanna, despite maintaining a positive outlook.
The lowering of the price target by Susquehanna indicates a potential decrease in the stock's value in the short term. However, the maintained positive outlook suggests that the company's fundamentals remain strong.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100