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Fly News Breaks for April 11, 2019
SPWR
Apr 11, 2019 | 06:44 EDT
JPMorgan analyst Mark Strouse assumed coverage of SunPower (SPWR) with a Neutral rating and $7.50 price target. The rating and price target are unchanged relative to the firm's prior coverage. The analyst believes SunPower will be somewhat of a "show me" stock near term as investors await evidence that the company can deliver on its long-term targets.