Goldman Sachs Maintains Neutral on SunPower, Lowers Price Target to $5
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Brian Lee has maintained a Neutral rating on SunPower (NASDAQ:SPWR) and lowered the price target from $7 to $5.
November 02, 2023 | 1:52 pm
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NEGATIVE IMPACT
Goldman Sachs has maintained a Neutral rating on SunPower and lowered the price target from $7 to $5, which may impact the stock's performance.
The lowering of the price target by Goldman Sachs from $7 to $5 indicates a potential decrease in the value of SunPower's stock. This could lead to a negative short-term impact on the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100