SunPower (NASDAQ: SPWR) had its target price raised by Citigroup from $12.00 to $16.00 in a research note issued to investors on Thursday. The firm currently has a buy rating on the stock.
Shares of SunPower opened at 11.84 on Thursday. SunPower has a one year low of $3.71 and a one year high of $13.88. The stock’s 50-day moving average is currently $9.44. The company’s market cap is $1.412 billion.
A number of other analysts have also recently weighed in on SPWR. Analysts at Lazard Capital Markets raised their price target on shares of SunPower from $11.00 to $15.00 in a research note to investors on Tuesday, February 19th. They now have a buy rating on the stock. Separately, 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. Finally, 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.
Three equities research analysts have rated the stock with a buy rating, ten have assigned a hold rating, one has given an underweight rating, and four have given a sell rating to the company. SunPower has an average rating of hold and an average target price of $9.69.
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