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Fly News Breaks for February 4, 2020
Feb 4, 2020 | 06:08 EDT
Roth Capital analyst Philip Shen initiated coverage of SunPower with a Neutral rating and $9 price target. While the proposed split ought to put New SunPower and Maxeon Solar each in better strategic positions, the company remains a "show me" story given its past challenges and ultimately must deliver on its vision, Shen tells investors in a research note.
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