Maxeon Solar Technologies (NASDAQ:MAXN – Get Free Report) was downgraded by Northland Securities from an “outperform” rating to a “market perform” rating in a note issued to investors on Thursday, Briefing.com reports. They currently have a $7.00 target price on the stock, down from their previous target price of $25.00. Northland Securities’ price objective indicates […]
Maxeon Solar Technologies (NASDAQ:MAXN – Get Free Report) had its target price decreased by analysts at The Goldman Sachs Group from $21.00 to $18.00 in a research report issued on Thursday, Benzinga reports. The firm currently has a “buy” rating on the stock. The Goldman Sachs Group’s price target would suggest a potential upside of […]
Shares of Maxeon Solar Technologies, Ltd. (MAXN) dropped nearly 10% on Thursday morning after it reported third-quarter results and lowered its full-year revenue outlook.
The solar company plunged on Thursday after it reported earnings that missed analysts' expectations by a wide margin. Goldman still thinks shares will pop.