Alert: Major Price Advance (12/1/23)-SunPower Corp (NASDAQ: SPWR).


SunPower Corp (NASDAQ: SPWR) stock enjoyed a major increase of 16.1% on 12/1/23. The shares closed at $4.82. Moreover, trading volume in this advance was unusually high at 165% of normal. The stock has been extremely weak relative to the market over the last nine months but has risen 13.9% during the last week.


Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be in line with the cost of capital, SPWR is expected to be Value Creation neutral.

SunPower has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. SunPower has a poor Appreciation Score of 19 and a very low Power Rating of 0, with the Lowest Value Trend Rating the result.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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