Goldman Sachs Upgrades SunPower (SPWR) to Buy
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Get Alerts SPWR Hot Sheet
Price: $0.23 --0%
Rating Summary:
5 Buy, 22 Hold, 17 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 14 | New: 15
Rating Summary:
5 Buy, 22 Hold, 17 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 14 | New: 15
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Goldman Sachs analyst Brian Lee upgraded SunPower (NASDAQ: SPWR) from Neutral to Buy with a price target of $11.00 (from $6.00).
- Expects improving margins and mix to generate an EBITDA inflection.
- Sees benefits to company from new CA homes volume, improving margin/mix and improved leverage ratios.
For an analyst ratings summary and ratings history on SunPower click here. For more ratings news on SunPower click here.
Shares of SunPower closed at $8.24 yesterday.
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