B. Riley Securities Maintains Buy on SolarEdge Technologies, Lowers Price Target to $356
Portfolio Pulse from richadhand@benzinga.com
B. Riley Securities analyst Christopher Souther has maintained a 'Buy' rating on SolarEdge Technologies (NASDAQ:SEDG) but lowered the price target from $368 to $356.
June 30, 2023 | 1:30 pm
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SolarEdge Technologies' price target has been lowered from $368 to $356 by B. Riley Securities, though the 'Buy' rating is maintained.
The news is directly about SolarEdge Technologies. The lowering of the price target might indicate a slightly less optimistic outlook for the company's stock, but the maintained 'Buy' rating suggests that the analyst still sees potential for growth. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100