GainersToday.com
GainersToday.com, Tracking Stock Market Picks
Enter Symbol:
 
Sunpower Corporation (SPWR) [hlAlert]

Rating:
Underperform
SPWRA
down 14.25 %

Sunpower Corporation (SPWRA) downgraded to Underperform by Needham

Posted on: Wednesday,  Jun 8, 2011  8:25 AM ET by Needham

Needham rated Underperform Sunpower Corporation (NASDAQ: SPWR) on 06/08/2011. Previously Needham rated Buy Sunpower Corporation (NASDAQ: SPWR) on 12/17/2009., when
the stock price was $24.34. Since then, Sunpower Corporation has lost 14.26% as of 06/08/2011's recent price of $20.87.
If you would have followed the previous Needham's recommendation on SPWR, you would have lost 14.25% of your investment in 538 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.

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/8/2011 8:25 AM Sell
None
20.87
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/17/2009 8:25 AM Buy
None
24.34 32.00
7/20/2007 9:25 AM Buy
None
67.74

(*) Stock Price at the time of the recommendation.
RSS Feed | |  Facebook |  Twitter |  Google Plus
Home | Terms of Use | Advertise | FAQ | Support Page | Contact Us | About Us | Privacy Policy