SunPower (SPWR) Misses Q4 EPS by 19c; Reiterates Outlook

Go back to SunPower (SPWR) Misses Q4 EPS by 19c; Reiterates Outlook

Baird maintains Neutral Rating and $7 PT on SunPower Corp. (SPWR) Following Q4 Results, Weak Q1 Guidance

February 16, 2017 7:23 AM EST

Baird Equity Research analyst Ben Kallo reaffirms Neutral rating and $7 price target on SunPower Corporation (NASDAQ: SPWR), suggesting the companys shares could face additional pressure from investors in the face of weak first quarter guidance, despite fourth quarter results above estimates.

Kallow... More

UPDATE: Oppenheimer Upgrades SunPower (SPWR) to Outperform; Challenging Conditions Priced In

February 16, 2017 6:53 AM EST

(Updated - February 16, 2017 9:33 AM EST)

Oppenheimer upgraded SunPower (NASDAQ: SPWR) from Perform to Outperform with a price target of $10.00, saying the challenging conditions are already priced in.

Analyst Colin Rusch commented, "While solar datapoints continue to drift modestly lower, the pace... More