Thursday, November 5, 2009

SunPower Jumps; Deutsche Bank Upgrades To Buy (SPWRA)

From Tech Trader Daily:

SunPower (SPWRA) shares are getting a lift today from Deutsche Bank analyst Steve O’Rourke, who upped his rating on the stock to Buy from Hold, while increasing his price target to $31, from $28. The stock closed yesterday at $25.31.

O’Rourke writes in a research note that the upgrade reflects the stock’s attractive valuation, anticipated industry growth and the company’s market position....MORE