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SunPower price target raised to $4.50 from $4 at Susquehanna

Susquehanna analyst Biju Perincheril raised the firm’s price target on SunPower to $4.50 from $4 and keeps a Neutral rating on the shares. The firm said they reported a miss on revenue, EPS, and EBITDA in 4Q as demand remains weak as a result of higher rates while the new homes segment was the lone bright spot.

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