Morgan Stanley Maintains Equal-Weight on SolarEdge Technologies, Lowers Price Target to $334
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Andrew Percoco has maintained an Equal-Weight rating on SolarEdge Technologies (NASDAQ:SEDG) and lowered the price target from $370 to $334.
July 17, 2023 | 2:41 pm
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Morgan Stanley has maintained an Equal-Weight rating on SolarEdge Technologies and lowered the price target from $370 to $334.
The lowering of the price target by Morgan Stanley could potentially lead to a decrease in the stock price of SolarEdge Technologies in the short term. This is because the new price target suggests that the analyst believes the stock is currently overvalued.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100