SunPower Upgraded to Buy by Brean Capital (SPWRA)
A number of other firms have also recently commented on SPWRA. 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. Separately, 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. Finally, 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. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. SunPower presently 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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