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Sunpower: Read Across from Buyout of Zheneng JinJiang; Fair Value Remains at 1 SGD (63% Upside)

480 Views13 Oct 2020 08:50
Read across from sector M&A highlights Sunpower undervaluation. We see 63% upside to our 1 SGD fair value estimate. The company reports 3Q20 in approximately 30 days.
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