SunPower Corp (SPWR) Gets a Sell Rating from Barclays


In a report issued on February 14, Moses Sutton from Barclays maintained a Sell rating on SunPower Corp (SPWR), with a price target of $3.50. The company’s shares closed on Friday at $5.92.

The word on The Street in general, suggests a Hold analyst consensus rating for SunPower Corp with a $6.25 average price target, a 5.6% upside from current levels. In a report issued on February 15, Merrill Lynch also downgraded the stock to Sell with a $4 price target.

See today’s analyst top recommended stocks >>

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 1.79M.

Based on the recent corporate insider activity of 35 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

SunPower Corp. engages in the design, manufacture, and deliver of solar panels and systems. It operates through the following business 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.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts