By: Benzinga
UPDATE: Jefferies Raises PT on SunPower Corporation on Continued Tailwinds
In a report published Friday, Jefferies analyst Scott Reynolds reiterated a Hold rating on SunPower Corporation (NASDAQ: SPWR ), and raised the price target from $8.00 to $11.50. In the report, Reynolds noted, “SPWR continues to see tailwinds in the Japanese market (25% of shipments) and leasing ($541M signed lease
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