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Sunpower Corporation (SPWR) [hlAlert]

Rating:
Neutral SPWRA

Sunpower Corporation (SPWRA) rated Neutral with price target $21.75 by Credit Suisse

Posted on: Friday,  Mar 19, 2010  9:25 AM ET by Credit Suisse

Credit Suisse rated Neutral Sunpower Corporation (NASDAQ: SPWR) on 03/19/2010. Previously Credit Suisse rated Outperform Sunpower Corporation (NASDAQ: SPWR) on 06/16/2008.,
when the stock price was $81.23. Since then, Sunpower Corporation has lost 50.76% as of 11/05/2008's recent price of $40.00.
If you would have followed the previous Credit Suisse's recommendation on SPWR, you would have lost 50.75% of your investment in 142 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.

Excellence in equity and fixed income research is a hallmark of Credit Suisse. Globally, our equity research analysts provide in-depth coverage of over 2,500 companies and engage in a knowledge-sharing, value added culture that has yielded the most insightful product for our customers and tremendous competitive results. Additionally, Credit Suisse's powerful macro-economic and debt strategy teams integrate the bank's comprehensive company research with keen market perspectives of the ever-shifting investment terrain.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/19/2010 9:25 AM Hold
None
19.71 21.75
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/24/2009 10:25 AM Hold
None
25.61 20.00
11/5/2008 9:25 AM Hold
None
40.00 47.00
6/16/2008 8:25 AM Buy
None
81.23
5/19/2008 9:25 AM Hold
None
94.20 100.00
1/17/2008 8:25 AM Hold
None
86.74 77.00

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