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Sunpower Corporation (SPWR) [hlAlert]

Rating:
Hold SPWRA

Sunpower Corporation (SPWRA) rated Hold with price target $13 by Jefferies

Posted on: Wednesday,  Jul 14, 2010  9:25 AM ET by Jefferies

Sunpower Corporation (NASDAQ: SPWRA)
rated Hold with price target $13 by Jefferies.

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.

Jefferiess' research efforts cover U.S. & International equity, high yield, convertibles, derivatives and option strategies, investment grade fixed income, post-reorganization securities, as well as special situations and quantitative research. Our team of more than 150 research professionals covers nearly 1,200 companies in more than 40 industries worldwide. Our analysts focus on identifying emerging industry themes while providing in-depth, thought provoking, objective research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/14/2010 9:25 AM Hold
None
13.88 13.00
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

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