Maxeon Solar Technologies and SunPower Corporation Announce Supply Agreement Amendment and Resolution of Disputes

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Go back to Maxeon Solar Technologies and SunPower Corporation Announce Supply Agreement Amendment and Resolution of Disputes

Northland Downgrades Maxeon Solar Technologies Ltd. (MAXN) to Market Perform, 'Downgrading on Lower IBC Capacity'

November 16, 2023 7:27 AM EST

Northland Capital Markets analyst Donovan Schafer downgraded Maxeon Solar Technologies Ltd. (NASDAQ: MAXN) from Outperform to Market Perform with a price target of $7.00 (from $25.00).

The analyst comments "MAXN delivered an inline Q3 and weak Q4 guide. Weakness was driven by restructuring and... More