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Sunpower Corporation (SPWR) [hlAlert]

Mkt Perform

Sunpower Corporation (SPWRA) rated Mkt Perform with price target $33 by Friedman Billings

Posted on: Tuesday,  Jan 27, 2009  8:25 AM ET by Friedman Billings

Friedman Billings rated Mkt Perform Sunpower Corporation (NASDAQ: SPWR) on 01/27/2009. Previously Friedman Billings rated Underperform Sunpower Corporation (NASDAQ: SPWR) on
04/16/2008., when the stock price was $96.36. Since then, Sunpower Corporation has lost 42.92% as of 10/14/2008's recent price of $55.00.
If you would have followed the previous Friedman Billings's recommendation on SPWR, you would have gained 75.2% of your investment in 181 days.

SunPower Corporation is a vertically integrated solar products and services company that designs, manufactures and markets high-performance solar electric power technologies. The Company operates through two segments: components segment and systems segment. Its subsidiary is PowerLight Corporation, which developed, engineered, manufactured and delivered large-scale solar power systems. These activities are performed by its systems business segment, or systems segment. On January 8, 2008, the Company acquired Solar Solutions.

FBR Capital Markets is a full service investment banking, institutional sales, trading and research and asset management firm with a customer-focused and innovative approach to meeting its clients needs. It focuses its banking, advisory, trading and research efforts on seven broad industry sectors including consumer, diversified industrials, energy & natural resources, financial institutions, insurance, real estate and technology, media & telecom. With our headquarters in the Washington, D.C. metropolitan area, our Economic and Washington Policy Analysis groups offer clients a comprehensive overview of national economic trends along with a unique perspective on the impact that legislation and regulation will have on industry sectors and individual companies
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/27/2009 8:25 AM Hold
29.55 33.00
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/14/2008 8:25 AM Hold
55.00 65.00
4/16/2008 2:25 PM Sell
96.36 65.00

(*) Stock Price at the time of the recommendation.
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