Roth MKM Maintains Neutral on SunPower, Lowers Price Target to $5
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Philip Shen maintains a Neutral rating on SunPower (NASDAQ:SPWR) and has lowered the price target from $10 to $5.
October 25, 2023 | 2:47 pm
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SunPower's price target has been lowered from $10 to $5 by Roth MKM analyst Philip Shen, who maintains a Neutral rating on the stock.
The lowering of the price target for SunPower by Roth MKM indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on the stock's price as it may cause investors to reassess their positions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100