Form NT 10-Q SUNPOWER CORP For: Mar 31
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Gordon Johnson of GLJ Research Says SunPower (SPWR) Is Set Up As a Short on the Heels of Meme Stock Hubris
May 14, 2024 12:16 PM EDTGLJ Research analyst Gordon Johnson reiterated a Sell rating and $1.61 price target on SunPower (NASDAQ: SPWR).
The analyst comments "Not only can SPWR not take advantage of the (we believe) irrational move in its stock to shore up its fledgling cash position, but with its inability to provide clean financials at present, anyone buying SPWRs stock on the Roaring Kitty-driven MEME short-covering move... More
