Barclays Maintains Underweight on SunPower, Lowers Price Target to $2.5
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Christine Cho has maintained an Underweight rating on SunPower (NASDAQ:SPWR) and lowered the price target from $6 to $2.5.
November 02, 2023 | 3:46 pm
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SunPower's price target has been lowered from $6 to $2.5 by Barclays, which maintains an Underweight rating on the stock.
The lowering of the price target by Barclays 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