Maxeon Solar shares crash 50% on weak results and worse-than-expected outlook
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Maxeon Solar Technologies Ltd. (MAXN) PT Lowered to $2 at Roth/MKM
May 31, 2024 4:48 AM EDTRoth/MKM analyst Philip Shen lowered the price target on Maxeon Solar Technologies Ltd. (NASDAQ: MAXN) to $2.00 (from $3.00) while maintaining a Neutral rating.
The analyst comments "MAXN posted a Q1 miss and a weak Q2 and 2024 guide. Due to cash flow challenges, management... More

