Goldman Sachs Maintains Buy on Maxeon Solar Technologies, Lowers Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Brian Lee has maintained a Buy rating on Maxeon Solar Technologies (NASDAQ:MAXN) but has reduced the price target from $18 to $11.
December 18, 2023 | 2:00 pm
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NEGATIVE IMPACT
Goldman Sachs maintains a Buy rating on Maxeon Solar Technologies but lowers the price target from $18 to $11.
The reduction in the price target by Goldman Sachs, despite maintaining a Buy rating, could lead to a negative short-term sentiment among investors, potentially causing a decrease in the stock price of Maxeon Solar Technologies.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100