Citi Reiterates Neutral Rating on SunPower (SPWR), Opens Downside Catalyst Watch

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These 3 solar stocks have strong potential to deliver Q2 earnings beats - Goldman Sachs

July 18, 2023 9:18 AM EDT

Goldman Sachs analyst Brian Lee previewed the Q2 earnings season for the solar sector following a mild underperformance over the past 3 months.

Lee blames this underperformance on demand uncertainty in CA under NEM 3.0 as well as the continued weakness in resi solar originations outside of CA (e.g. southern states) on the back of elevated interest rates and an uncertain macro.

As far as the upcoming earnings season is concerned, the analyst... More

SunPower (SPWR) PT Lowered to $11 at Goldman Sachs

July 18, 2023 9:02 AM EDT

Goldman Sachs analyst Brian Lee lowered the price target on SunPower (NASDAQ: SPWR) to $11.00 (from $12.00) while maintaining a Neutral rating.... More

SunPower (SPWR) PT Raised to $17 at Morgan Stanley

July 17, 2023 7:55 AM EDT

Morgan Stanley analyst Andrew Percoco raised the price target on SunPower (NASDAQ: SPWR) to $17.00 (from $15.00) while maintaining a Equalweight rating.... More