SunPower Price Target Raised to $42.00 at Lazard Capital Markets (SPWRA)
Investment analysts at Lazard Capital Markets lifted their price target on shares of SunPower (NASDAQ:SPWRA) from $35.00 to $42.00 in a note issued to investors on Friday, Analyst Ratings News reports. The firm currently has a “buy” rating on the stock. Lazard Capital Markets’ price objective would suggest a potential upside of 476.13% from the company’s current price.
A number of other firms have also recently commented on SPWRA. Analysts at RBC Capital raised their price target on shares of SunPower from $19.00 to $22.00 in a research note to investors on Monday, August 5th. They now have a “sector perform” rating on the stock. Separately, analysts at Northland Capital Partners raised their price target on shares of SunPower from $33.00 to $38.00 in a research note to investors on Friday, August 2nd. They now have an “outperform” rating on the stock. Finally, analysts at Credit Suisse raised their price target on shares of SunPower from $19.00 to $28.00 in a research note to investors on Friday, August 2nd. They now have a “neutral” rating on the stock. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. SunPower has an average rating of “Buy” and an average price target of $30.84.
SunPower Corporation (NASDAQ:SPWRA) is a vertically integrated solar products and services company that designs, manufactures and delivers solar electric systems worldwide for residential, commercial and utility-scale power plant customers.
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