Why SunPower Stock Popped 10% on Wednesday
Shares of solar power company SunPower (NASDAQ: SPWR) exploded higher on Wednesday, rising 10.1% through 2:30 p.m. ET.
You can thank Raymond James for that.
Bright and early Wednesday morning, Raymond James upgraded SunPower stock from outperform (i.e., buy) to strong buy (i.e., buy it now), and maintained its $21 price target to the $10.50 stock, implying this stock could literally double off of its current share price.
Source Fool.com
Sunpower Corp. Stock
€2.90
3.370%
Currently there is a rather negative sentiment for Sunpower Corp. with 9 Buy predictions and 15 Sell predictions..
On the other hand, the target price of 5 € is above the current price of 2.9 € for Sunpower Corp., so the potential is actually 72.29%.
