Roth MKM Maintains Neutral on Maxeon Solar Technologies, Lowers Price Target to $3
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Philip Shen has maintained a Neutral rating on Maxeon Solar Technologies (NASDAQ:MAXN) and reduced the price target from $6 to $3.
March 26, 2024 | 2:48 pm
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Roth MKM analyst Philip Shen maintains a Neutral rating on Maxeon Solar Technologies and lowers the price target from $6 to $3.
The reduction in price target by Roth MKM, as advised by analyst Philip Shen, could lead to a negative short-term impact on Maxeon Solar Technologies' stock price. This adjustment reflects a less optimistic outlook on the company's future performance, potentially influencing investor sentiment and stock valuation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100