Citi Reiterates Neutral Rating on SunPower (SPWR), Opens Downside Catalyst Watch
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July 18, 2023 9:18 AM EDT
Goldman Sachs analyst Brian Lee previewed the Q2 earnings season for the solar sector following a mild underperformance over the past 3 months.
Lee blames this underperformance on demand uncertainty in CA under NEM 3.0 as well as the continued weakness in resi solar originations outside of CA (e.g. southern states) on the back of elevated interest rates and an uncertain macro.
As far as the upcoming earnings season is concerned, the analyst... More
July 18, 2023 9:02 AM EDT
Goldman Sachs analyst Brian Lee lowered the price target on SunPower (NASDAQ: SPWR) to $11.00 (from $12.00) while maintaining a Neutral rating.... More
July 17, 2023 7:55 AM EDT
Morgan Stanley analyst Andrew Percoco raised the price target on SunPower (NASDAQ: SPWR) to $17.00 (from $15.00) while maintaining a Equalweight rating.... More
