Piper Sandler analyst Kashy Harrison maintained a Hold rating on SunPower (SPWR – Research Report) today and set a price target of $2.50. The company’s shares closed last Friday at $2.21.
According to TipRanks, Harrison is an analyst with an average return of -17.9% and a 31.95% success rate. Harrison covers the Technology sector, focusing on stocks such as Enphase Energy, First Solar, and Itron.
In addition to Piper Sandler, SunPower also received a Hold from Mizuho Securities’s Maheep Mandloi in a report issued on April 19. However, on April 17, Morgan Stanley maintained a Sell rating on SunPower (NASDAQ: SPWR).
The company has a one-year high of $14.49 and a one-year low of $2.17. Currently, SunPower has an average volume of 6.71M.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
SunPower (SPWR) Company Description:
SunPower Corp. engages in the design, manufacture and deliver of solar panels and systems. It operates through the SunPower Energy Services and SunPower Technologies segments: The SunPower Energy Services Segment deals with the sales of solar energy solutions in the North America region including direct sales of turn-key engineering, procurement and construction. The SunPower Technologies Segment involves technology development, worldwide solar panel manufacturing operations, equipment supply to resellers, commercial and residential end-customers outside of North America. The company was founded by Thomas L. Dinwoodie, Robert Lorenzini and Richard M. Swanson in April 1985 and is headquartered in San Jose, CA.
Read More on SPWR:
