The Latest Analyst Ratings For Maxeon Solar Technologies
Portfolio Pulse from Benzinga Insights
Maxeon Solar Technologies (NASDAQ:MAXN) has received mixed ratings from 14 analysts in the past three months, with a shift towards a more bearish sentiment in the last 30 days. The average 12-month price target has dropped significantly from $19.85 to $11.00. Analysts from firms including Mizuho, Goldman Sachs, Morgan Stanley, UBS, Roth MKM, Northland Capital Markets, Raymond James, and B of A Securities have adjusted their ratings and price targets, reflecting changes in market conditions and company performance. Maxeon Solar Technologies is a manufacturer of solar technology with a lower market capitalization and revenue challenges, as well as a high debt-to-equity ratio.
January 03, 2024 | 9:00 pm
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NEGATIVE IMPACT
Maxeon Solar Technologies has seen a decrease in the average price target from analysts, indicating a bearish sentiment. The company's financial challenges, such as revenue decline and high debt, may impact investor confidence.
The reduction in the average price target by analysts suggests a negative outlook on the stock's future performance. The financial challenges highlighted, such as the revenue decline and high debt-to-equity ratio, are likely to concern investors and could lead to a decrease in stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100