Truist Securities Maintains Hold on SunPower, Lowers Price Target to $5
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Jordan Levy has maintained a 'Hold' rating on SunPower (NASDAQ:SPWR) and lowered the price target from $6 to $5.
November 06, 2023 | 2:20 pm
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SunPower's price target has been lowered from $6 to $5 by Truist Securities, which maintains a 'Hold' rating on the stock.
The lowering of the price target by Truist Securities indicates a less optimistic outlook for SunPower's stock in the short term. This could potentially lead to a decrease in the stock's price.
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