SunPower (SPWR) PT Lowered to $2.50 at Piper Sandler
Tweet
Share
E-mail
Get Alerts SPWR Hot Sheet
Price: $0.23 +4.55%
Rating Summary:
5 Buy, 22 Hold, 17 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 7 | Down: 16 | New: 37
Rating Summary:
5 Buy, 22 Hold, 17 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 7 | Down: 16 | New: 37
Join SI Premium – FREE
(Updated - March 11, 2024 9:04 AM EDT)
Piper Sandler analyst Kashy Harrison lowered the price target on SunPower (NASDAQ: SPWR) to $2.50 (from $3.00) while maintaining a Neutral rating.
The analyst commented, "Reduced PT to $2.50/sh from $3.00/sh previously as we tweaked our GMs and OpEx to more closely align with commentary from the prior earnings call. Our 7- yr DCF methodology and ~14% discount rate remain unchanged."
You May Also Be Interested In
- Marvell (MRVL) PT Raised to $225 at TD Cowen
- Gartner (IT) PT Lowered to $206 at BMO Capital, adjusting estimates
- Grocery Outlet Holding (GO) PT Raised to $12 at TD Cowen
Create E-mail Alert Related Categories
Analyst Comments, Analyst PT ChangeRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
