SunPower (NASDAQ: SPWR) had its target price increased by Lazard Capital Markets from $11.00 to $15.00 in a report issued on Tuesday. They currently have a buy rating on the stock.
SunPower opened at 13.17 on Tuesday. SunPower has a 52-week low of $3.71 and a 52-week high of $13.88. The stock’s 50-day moving average is currently $8.63. The company’s market cap is $1.569 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank raised their price target on shares of SunPower from $6.00 to $9.00 in a research note to investors on Friday, February 8th. They now have a hold rating on the stock. Separately, analysts at UBS AG raised their price target on shares of SunPower from $6.50 to $8.50 in a research note to investors on Friday, February 8th. They now have a neutral rating on the stock. Finally, analysts at Citigroup initiated coverage on shares of SunPower in a research note to investors on Wednesday, February 6th. They set a buy rating and a $12.00 price target on the stock. They also added the stock to its Top Picks Live list.
Two equities research analysts have rated the stock with a buy rating, one has issued an overweight rating, nine have given a hold rating, one has issued an underweight rating, and four have assigned a sell rating to the company. SunPower presently has a consensus rating of hold and a consensus target price of $9.00.
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