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.
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