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SunPower price target raised to $21 from $16 at Deutsche Bank
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SunPower price target raised to $21 from $16 at Deutsche Bank

Deutsche Bank analyst Corinne Blanchard raised the firm’s price target on SunPower to $21 from $16 and keeps a Hold rating on the shares as part of her Q4 solar preview. The analyst expects investors to focus on residential solar demand in the U.S. following the Inflation Reduction Act, demand growth in Europe, storage growth and adoption and the supply chain environment.

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