Vetr Crowd Sees SunPower As 4.5 Star Stock

• Shares of SunPower Corporation SPWR have lost more than 15 percent over the past month.
• The Vetr crowd appears to be taking advantage of the stock's weakness and upgraded the issue to a 4.5-star rating out of a possible five.
• Ninety percent of the Vetr crowd's ratings are bullish and the crowd-sourced price target of $29 implies a potential upside of nearly 20 percent.

SunPower's stock has lost more than 8 percent in the past five days alone, likely prompting the Vetr crowd to take advantage of the recent weakness with an upgrade.

On Wednesday, the Vetr crowd upgraded SunPower's rating to 4.5-stars out of a possible five. Ninety percent of the Vetr crowd's ratings are bullish and the crowd-sourced price target of $29.00 implies a potential upside of nearly 20 percent.

The Vetr crowd is active on SunPower's stock as shares were actually downgraded to four stars on December 2.

Related Link: Vetr Crowd Turns Slightly Less Bullish On SunPower

The Vetr crowd's bullish stance on solar stocks is varied. On the one hand, the Vetr crowd rates SolarCity Corp SCTY's stock four stars out of five with a crowd-sourced price target of $40.52 – implying an upside just short of 10 percent. Meanwhile, 61.9 percent of the crowd's ratings are bullish with the remaining 28.6 percent of the crowd's ratings recommending investors sell their position.

On the other hand, the Vetr crowd rates Sunedison Inc SUNE a five star as nearly 75 percent of the crowd's ratings are bullish with a crowd-sourced price target of $5.33 – implying a potential upside of more than 25 percent.