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SunPower Disappoints but Sees a Brighter Future


Changes in California's net metering policy caused (NASDAQ: SPWR) to invest heavily in increasing sales in the first quarter, but not necessarily installations. That led to higher costs, which should pay off in the back half of the year, as Travis Hoium highlights in the video below.

*Stock prices used were end-of-day prices of May 2, 2023. The video was published on May 3, 2023.

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Source Fool.com

Sunpower Corp. Stock

€0.74
-7.760%
Sunpower Corp. took a tumble today and lost -€0.062 (-7.760%).
Our community is currently low on Sunpower Corp. with 6 Buy predictions and 18 Sell predictions.
However, we have a potential of 574.4% for Sunpower Corp. as the target price of 5 € is above the current price of 0.74 €.
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