SunPower price target raised to $48 from $42 at RW Baird Baird raised its price target on SunPower (SPWR) to $48 from $42 as they believe SolarCity's (SCTY) move upstream validates the company's business model. The firm also believes SunPower is best positioned for domestic and international growth in the intermediate term and has the potential to spin-off its residential business. Baird keeps its Outperform rating on the stock.
News For SPWR;SCTY From The Last 14 Days
Check below for free stories on SPWR;SCTY the last two weeks.
On The Fly: Analyst Downgrade Summary Today's noteworthy downgrades include: CNOOC (CEO) downgraded to Hold from Buy at Jefferies... Guess (GES) downgraded to Neutral from Overweight at Piper Jaffray... Ingersoll-Rand (IR) downgraded at RW Baird... Lehigh Gas (LGP) downgraded to Neutral from Buy at Ladenburg... Lexicon (LXRX) downgraded to Hold from Buy at Gabelli... Monster Beverage (MNST) downgraded to Neutral from Buy at SunTrust... Nobel Biocare (NBHGY) downgraded to Hold from Buy at Berenberg... Saint Joe Co. (JOE) downgraded to Market Perform from Outperform at Raymond James... SolarCity (SCTY) downgraded at RW Baird.