- Arguing shares are fully valued following a 35% YTD run-up, JPMorgan has cut SunPower (SPWR -3.3%) to Neutral. Its PT is at $40.
- Yesterday, SunPower took part in a a solar rally sparked by SolarCity and Yingli. Shares go for 23x 2015E EPS, and 1.8x 2015E sales.
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