Why SunPower Corporation's Shares Popped 16% Today
Shares of SunPower Corporation (NASDAQ: SPWR) jumped as much as 15.7% in trading Monday after getting a big upgrade from an analyst at Baird. At 1:55 p.m. EST, shares were still up 12.3%, and a few positive trends could keep shares moving higher.
Baird analyst Ben Kallo upgraded shares of SunPower from neutral to outperform and increased his price target by $3 to $10 per share. He indicated that a ramp-up in P-Series production and the sale of 8point3 Energy Partners (NASDAQ: CAFD) could drive shares higher.
Image source: SunPower.
Source: Fool.com
Sunpower Corp. Aktie
0,035 €
-30,00 %
Leichtes Sell-Überwiegen bei Sunpower Corp. im Vergleich zu Buy-Einschätzungen.
Das höhere Kursziel von 5 € im Vergleich zum aktuellen Kurs von 0.04 € für Sunpower Corp. führt zu einem positiven Potenzial von 14185.71%.
