SunPower Receives New Coverage from Analysts at Northland Securities (SPWR)
Northland Securities initiated coverage on shares of SunPower (NASDAQ: SPWR) in a research note released on Friday morning. The firm issued an outperform rating and a $14.00 price target on the stock.
SunPower traded up 0.42% on Friday, hitting $12.01. SunPower has a 1-year low of $3.71 and a 1-year high of $13.88. The stock’s 50-day moving average is currently $9.55. The company’s market cap is $1.432 billion.
SPWR has been the subject of a number of other recent research reports. Analysts at Northland Capital initiated coverage on shares of SunPower in a research note to investors on Friday. They set an outperform rating and a $14.00 price target on the stock. Separately, analysts at Citigroup raised their price target on shares of SunPower from $12.00 to $16.00 in a research note to investors on Thursday, February 28th. They now have a buy rating on the stock. Finally, 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.
Three analysts have rated the stock with a buy rating, ten have issued a hold rating, one has given an underweight rating, and four have given a sell rating to the stock. SunPower presently has an average rating of hold and a consensus target price of $9.69.
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