Mizuho Maintains Neutral on SunPower, Lowers Price Target to $5-Report Released on 29 January 2024
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Maheep Mandloi has maintained a Neutral rating on SunPower (NASDAQ:SPWR) but has reduced the price target from $6 to $5, as reported on January 29, 2024.
January 30, 2024 | 2:39 pm
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Mizuho analyst Maheep Mandloi maintains a Neutral rating on SunPower but lowers the price target from $6 to $5.
The reduction in price target by Mizuho suggests a less optimistic outlook on SunPower's stock value, which could lead to a negative perception among investors and potentially result in a short-term decline in the stock price.
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