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Sunpower Corporation (SPWR) [hlAlert]

Rating:
Neutral SPWRA

Sunpower Corporation (SPWRA) rated Neutral by Wedbush Morgan

Posted on: Friday,  Jul 24, 2009  9:25 AM ET by Wedbush Morgan

Wedbush Morgan rated Neutral Sunpower Corporation (NASDAQ: SPWR) on 07/24/2009. Previously Wedbush Morgan rated Buy Sunpower Corporation (NASDAQ: SPWR) on 11/13/2008.,
when the stock price was $24.72. Since then, Sunpower Corporation has gained 35.76% as of 01/30/2009's recent price of $33.56.
If you would have followed the previous Wedbush Morgan's recommendation on SPWR, you would have gained 35.76% of your investment in 78 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.

Since 1980, WEDBUSH has used its private equity discipline to invest in under-valued and capital constrained public and private companies that have a significant potential for appreciation. The firm invests with high quality management teams with domain expertise and expects management to retain or make a personally significant equity investment.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/24/2009 9:25 AM Hold
None
29.66
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/30/2009 1:25 PM Hold
None
33.56 26.00
11/13/2008 9:25 AM Buy
None
24.72 32.00
7/18/2008 10:25 AM Buy
None
75.52 125.00
1/28/2008 10:25 AM Buy
None
73.65 132.00
1/16/2008 9:25 AM Buy
None
97.68 170.00
11/8/2007 11:25 AM Buy
None
159.94 194.00
10/15/2007 11:25 AM Buy
None
89.87 100.00
10/15/2007 11:25 AM Buy
None
89.87 100.00
7/20/2007 11:25 AM Buy
None
66.89 78.00
7/16/2007 11:25 AM Buy
None
70.20 72.00

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