SunPower (SPWR) Tops Q3 EPS by 30c; Will Implement Corp. Restructuring

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Go back to SunPower (SPWR) Tops Q3 EPS by 30c; Will Implement Corp. Restructuring

UBS Downgrades SunPower (SPWR) to Neutral; Unable to Offset Extremely Challenging Macro

November 11, 2016 6:34 AM EST

UBS downgraded SunPower (NASDAQ: SPWR) from Buy to Neutral with a price target of $7.00 (from $13.00).

Analyst Julien Dumoulin-Smith commented, "We are downgrading SPWR from Buy to Neutral and reducing our PT from $13 to $7. Despite our initial thesis that shares were close to a... More

SunPower (SPWR) PT, Estimates Lowered at Baird Post Q3; 'Outperform' Maintained

November 10, 2016 6:28 AM EST

Baird analyst Ben Kallo lowered his price target on SunPower (NASDAQ: SPWR) to $12.00 (from $16.00) following results and lowered guidance but maintained an Outperform rating.

Kallo commented, "Q3 results were largely in line with our top line estimate and beat on EPS, although sustained... More