Oppenheimer Assigns a Hold Rating on SunPower Corp (SPWR)


Oppenheimer analyst Colin Rusch assigned a Hold rating to SunPower Corp (SPWR) today. The company’s shares opened today at $6.21.

According to TipRanks.com, Rusch is a 5-star analyst with an average return of 10.6% and a 49.3% success rate. Rusch covers the Industrial Goods sector, focusing on stocks such as Capstone Turbine Corp, Amer Superconductor, and Canadian Solar Inc.

Currently, the analyst consensus on SunPower Corp is a Hold with an average price target of $5.75.

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The company has a one-year high of $10 and a one-year low of $4.55. Currently, SunPower Corp has an average volume of 1.73M.

Based on the recent corporate insider activity of 33 insiders, corporate insider sentiment is negative on the stock.

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SunPower Corp. engages in the design, manufacture and deliver of solar panels and systems. It operates through the following segments: Residential, Commercial and Power Plant. The Residential segment refers to the sales of solar energy solutions to residential end customers through a variety of means.

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