SunPower Gets Upgrade On Possible Yieldco, Growth

By | October 3, 2014

Scalper1 News

JPMorgan on Friday upgraded SunPower, citing the solar company’s growth potential and the likelihood that it could soon form a “yieldco.” JPMorgan upgraded SunPower (SPWR) stock to overweight from neutral and reiterated its price target of 43. SunPower stock was up 2.3% in afternoon trading in the stock market today, near 33.30. SunPower stock on Thursday touched a four-month low of 31.49. “SunPower had 605 megawatts of projects under contract at Scalper1 News

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