Complete Solaria price target raised to $5.40 from $3 at Northland

Northland raised the firm’s price target on Complete Solaria (SPWR) to $5.40 from $3 and keeps an Outperform rating on the shares after updating the firm’s model to reflect the impact of the Sunder acquisition that closed on Wednesday, calling the transaction “transformational.” The firm expects the overall U.S. solar market will shrink 20% in calendar year 2026, with most of the decline coming in the first half and thinks there will be a steady recovery in the back half, the analyst noted.