Goldman Sachs Maintains Sell on SunPower, Lowers Price Target to $2
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Brian Lee maintains a Sell rating on SunPower (NASDAQ:SPWR) and lowers the price target from $2.25 to $2.
June 05, 2024 | 3:26 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Goldman Sachs analyst Brian Lee maintains a Sell rating on SunPower and lowers the price target from $2.25 to $2.
The maintenance of a Sell rating and the reduction of the price target by a major financial institution like Goldman Sachs is likely to negatively impact SunPower's stock price in the short term. Investors may view this as a signal of potential underperformance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100