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Sunpower Corporation (SPWR) [hlAlert]

Rating:
Mkt Perform
SPWRA

Sunpower Corporation (SPWRA) rated Mkt Perform with price target $22 by FBR Capital Markets

Posted on: Friday,  Apr 24, 2009  8:25 AM ET by FBR Capital Markets

Sunpower Corporation (SPWRA) rated Mkt
Perform with price target $22 by FBR Capital Markets.

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 research group uses a highly disciplined analysis focused on intrinsic value, which we developed to critically examine the capital structure of the companies we cover, as well as their competitive positions and the growth opportunities within their industries. We apply this discipline – which helps us assess how effectively a company’s managers deploy the capital entrusted to them – not only in our published research but also when making investing and underwriting judgments.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/24/2009 8:25 AM Hold
None
25.61 22.00
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/20/2009 8:25 AM Hold
None
24.23 23.00
4/7/2009 8:25 AM Hold
None
22.97 28.00

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