Mizuho Maintains Neutral on Maxeon Solar Technologies, Lowers Price Target to $7-Report Released on 29 January 2024
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Maheep Mandloi has maintained a Neutral rating on Maxeon Solar Technologies (NASDAQ:MAXN) but lowered the price target from $8 to $7.
January 30, 2024 | 2:38 pm
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Mizuho has maintained a Neutral rating on Maxeon Solar Technologies but reduced the price target from $8 to $7, indicating a potential downside or limited upside.
The reduction in price target by Mizuho reflects a more conservative valuation of Maxeon Solar Technologies, which could lead to a negative investor sentiment and a potential decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100