SunPower (SPWR) Boosts Solars with Strong Q2, FY13 Outlook (FSLR) (JASO)
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SunPower (SPWR) Not Worth More than $13/Share, Says Goldman
May 16, 2013 12:37 PM EDTGoldman Sachs today maintained a Sell on SunPower (NASDAQ: SPWR) with a modified price target of $13.00 (from $8.00). SunPower recently provided updated outlook that topped estimates. In response, shares moved higher, but analyst Brian Lee still thinks shares are "stretched".
"Fundamentally,... More
SunPower (SPWR) Issues Solid Guidance for Q2, FY13
May 15, 2013 8:06 AM EDTSunPower Corp. (NASDAQ: SPWR) today announced financial guidance for fiscal year 2013.
The company's second quarter 2013 consolidated non-GAAP guidance is as follows: revenue of $550 million to $600 million, gross margin of 14 percent to 16 percent, net income per diluted share of $0.05 to $0.15 and megawatts... More
