SunPower (SPWR) Gets a Hold Rating from Oppenheimer


Oppenheimer analyst Colin Rusch maintained a Hold rating on SunPower (SPWR) today. The company’s shares closed last Wednesday at $43.61.

According to TipRanks.com, Rusch is a top 25 analyst with an average return of 78.9% and a 66.0% success rate. Rusch covers the Industrial Goods sector, focusing on stocks such as American Superconductor, SolarEdge Technologies, and Westport Fuel Systems.

SunPower has an analyst consensus of Hold, with a price target consensus of $26.63.

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The company has a one-year high of $57.52 and a one-year low of $2.64. Currently, SunPower has an average volume of 8.72M.

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SunPower Corp. engages in the design, manufacture and deliver of solar panels and systems. It operates through the SunPower Energy Services and SunPower Technologies segments: The SunPower Energy Services Segment deals with the sales of solar energy solutions in the North America region including direct sales of turn-key engineering, procurement and construction. The SunPower Technologies Segment involves technology development, worldwide solar panel manufacturing operations, equipment supply to resellers, commercial and residential end-customers outside of North America. The company was founded by Thomas L. Dinwoodie, Robert Lorenzini and Richard M. Swanson in April 1985 and is headquartered in San Jose, CA.

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