SunPower Price Target Increased to $36.00 by Analysts at RBC Capital (SPWRA)
Research analysts at RBC Capital lifted their price target on shares of SunPower (NASDAQ:SPWRA) from $35.00 to $36.00 in a report released on Friday. RBC Capital’s price target would indicate a potential upside of 393.83% from the company’s current price.
SPWRA has been the subject of a number of other recent research reports. Analysts at Brean Capital upgraded shares of SunPower from a “hold” rating to a “buy” rating in a research note on Friday. Separately, analysts at JPMorgan Chase & Co. raised their price target on shares of SunPower from $40.00 to $43.00 in a research note on Tuesday, July 15th. Finally, analysts at Cowen and Company raised their price target on shares of SunPower from $40.00 to $50.00 in a research note on Thursday, July 10th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. SunPower currently has a consensus rating of “Buy” and a consensus price target of $40.00.
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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