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Sunpower Corporation (SPWR) [hlAlert]

Rating:
Average SPWRA
up 14.23 %

Sunpower Corporation (SPWRA) upgraded to Average by Caris & Company

Posted on: Wednesday,  Aug 11, 2010  10:25 AM ET by Caris & Company

Caris & Company rated Average Sunpower Corporation (NASDAQ: SPWR) on 08/11/2010. Previously Caris & Company rated Below Average Sunpower Corporation (NASDAQ: SPWR)
on 05/12/2010., when the stock price was $14.85. Since then, Sunpower Corporation has lost 12.46% as of 08/11/2010's recent price of $13.00.
If you would have followed the previous Caris & Company's recommendation on SPWR, you would have gained 14.23% of your investment in 91 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.

Caris & Company, an investment bank created by a diverse group of leading Wall Street professionals. We are founded on the basic principle that Wall Street requires a different type of organization: One that offers objective, conflict-free research, acute focus on customer service, broad institutional coverage, and an unwavering commitment to increasing the value of our clients' portfolios. Quite simply, our goal is to generate solid investment ideas for our clients. We offer a unique, differentiated, conflict-free research perspective on large, mid, and small capitalization companies in four growth oriented verticals: Health Care, Technology, Energy, and Consumer.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/11/2010 10:25 AM Hold
None
13.00
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/12/2010 9:25 AM Sell
None
14.85 14.00
11/17/2009 10:25 AM Sell
None
22.38 21.00
10/23/2009 10:25 AM Buy
None
29.37 35.00
7/24/2009 9:25 AM Buy
None
29.66 33.00
4/22/2009 9:25 AM Buy
None
27.30 32.00
1/30/2009 1:25 PM Buy
None
33.56 48.00
7/18/2008 10:25 AM Buy
None
75.52 90.00
7/11/2008 8:25 AM Buy
None
69.58 80.00

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