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SunPower (SPWR) +16.4% premarket after Lazard raises shares to Buy from Neutral with an $11...

SunPower (SPWR) +16.4% premarket after Lazard raises shares to Buy from Neutral with an $11 price target, saying investors are overlooking the stock that has "strong sales visibility" and the ability to turn in "healthy returns despite a highly competitive solar market." SPWR also enjoys a boost from the $2B-$2.5B sale of its California solar development to MidAmerican Renewables.
Comments (1)
  • Michael Bryant
    , contributor
    Comments (5366) | Send Message
     
    Still think (TSL) is the best solar stock, but when Buffett makes a move, watch and learn.
    3 Jan 2013, 02:22 PM Reply Like
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