Maxeon Solar Technologies (NASDAQ:MAXN – Get Rating) had its price target upped by research analysts at Northland Securities from $24.00 to $31.00 in a research report issued to clients and investors on Wednesday, The Fly reports. The brokerage presently has an “outperform” rating on the stock. Northland Securities’ price target indicates a potential upside of 13.47% from the company’s current price.
Separately, Raymond James boosted their price objective on shares of Maxeon Solar Technologies from $22.00 to $24.00 and gave the company an “outperform” rating in a report on Wednesday. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $26.33.
Maxeon Solar Technologies Stock Up 1.2 %
Shares of NASDAQ MAXN opened at $27.32 on Wednesday. The stock has a market cap of $1.23 billion, a P/E ratio of -4.18 and a beta of 1.38. The firm has a 50 day moving average price of $19.80 and a 200 day moving average price of $20.29. The company has a debt-to-equity ratio of 2.90, a quick ratio of 0.82 and a current ratio of 1.35. Maxeon Solar Technologies has a 52-week low of $8.85 and a 52-week high of $28.95.
Institutional Inflows and Outflows
Maxeon Solar Technologies Company Profile
Maxeon Solar Technologies, Ltd. designs, manufactures, markets, and sells solar panels and related solar system components worldwide. The company provides interdigitated back contact and shingled solar cells and panels under the SunPower brand. It offers its products to dealers, project developers, system integrators, distributors, resellers, and residential and small-scale commercial customers.
- Get a free copy of the StockNews.com research report on Maxeon Solar Technologies (MAXN)
- Fossil Group: Should You Bet On Consumer Discretionary In 2023?
- BJ’s Wholesale Club Stock Moves Higher After Strong Results
- Monthly Realty Income is About to Get Bigger
- 3 Large Cap Dividend Challengers for Millennial Investors
- Sea Ltd Is On The Verge Of A 100% Rally, Should You Buy?
Receive News & Ratings for Maxeon Solar Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Maxeon Solar Technologies and related companies with MarketBeat.com's FREE daily email newsletter.