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Research analysts at Cowen and Company lifted their target price on shares of SunPower (NASDAQ:SPWRA) from $40.00 to $50.00 in a report released on Thursday.

A number of other firms have also recently commented on SPWRA. Analysts at Canaccord Genuity initiated coverage on shares of SunPower in a research note on Wednesday, July 2nd. They set a “hold” rating and a $41.00 price target on the stock. Separately, analysts at Robert W. Baird raised their price target on shares of SunPower from $42.00 to $48.00 in a research note on Wednesday, June 25th. Finally, analysts at Brean Capital downgraded shares of SunPower to a “hold” rating in a research note on Monday, June 23rd. Six equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $38.88.

SunPower Corporation operates in two business segments: the Utility and Power Plants (NASDAQ:SPWRA) Segment and the Residential and Commercial (R&C) Segment.

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