Northland Capital Markets Maintains Outperform Rating for Maxeon Solar Technologies: Here's What You Need To Know

Northland Capital Markets has decided to maintain its Outperform rating of Maxeon Solar Technologies MAXN and raise its price target from $24.00 to $31.00.

Shares of Maxeon Solar Technologies are trading up 37.23% over the last 24 hours, at $25.73 per share.

A move to $31.00 would account for a 20.48% increase from the current share price.

About Maxeon Solar Technologies

Maxeon Solar Technologies Ltd is engaged in the design, manufacture, and distribution of solar products. The product portfolio includes SunPower Maxeon Panels and SunPower Performance Panels. Geographically, it derives revenue from the U.S., France, China, Italy and Rest of the world.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.