
The SunPower logo outside of its building in Austin, Texas, in April 2019. Google Maps/Screenshot via The Epoch Times
BofA analyst Julien Dumoulin-Smith upgraded SunPower Corp. to Neutral from Underperform with a price target of $23, up from $13 (3 percent downside).
The re-rating followed the company’s analyst day, which he said offered clarity on the growth trajectory.