Goldman Sachs Maintains Sell on SunPower, Lowers Price Target to $0.5
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 to $0.5.
July 23, 2024 | 1:06 pm
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NEGATIVE IMPACT
Goldman Sachs analyst Brian Lee maintains a Sell rating on SunPower and significantly lowers the price target from $2 to $0.5.
The significant reduction in the price target from $2 to $0.5 by a major financial institution like Goldman Sachs is likely to negatively impact investor sentiment and the stock price of SunPower in the short term.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100