Form 4 SUNPOWER CORP For: Jul 11 Filed by: Johnston Jennifer
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Citi Reiterates Neutral Rating on SunPower (SPWR), Opens Downside Catalyst Watch
July 19, 2023 9:28 AM EDTCiti analyst Vikram Bagri reiterated a Neutral rating and $12.00 price target on SunPower (NASDAQ: SPWR)
The analyst comments "We open a 30-day downside catalyst watch on SPWR. Our latest estimates reflect an 18%/72% EBITDA weighting for FY23, compared to the 25%/75% company guidance. Higher operating... More
