Solar panel glut is muting effect of Trump tariffs: SunPower

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JPMorgan Reiterates Neutral on SunPower (SPWR) Following 2Q

July 31, 2018 7:09 AM EDT

JPMorgan reiterated a Neutral rating and $8.50 price target on SunPower (NASDAQ: SPWR) following 2Q earnings report. SPWR posted 2Q EBITDA of $59 million on revenue of $447 million, easily beating the Street's expectations of $22mm/$410mm. The strength was driven largely by distributed generation... More