Barclays Maintains Underweight on SunPower, Lowers Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Christine Cho has maintained an Underweight rating on SunPower (NASDAQ:SPWR) and lowered the price target from $9 to $6.
October 18, 2023 | 1:10 pm
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NEGATIVE IMPACT
Barclays has maintained an Underweight rating on SunPower and lowered the price target from $9 to $6.
The lowered price target by Barclays indicates a bearish outlook for SunPower. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100