Maxeon (MAXN) Misses Q3 EPS by $1.37, Offers Guidance

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Go back to Maxeon (MAXN) Misses Q3 EPS by $1.37, Offers Guidance

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