Barclays Maintains Overweight on SolarEdge Technologies, Lowers Price Target to $359
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Christine Cho maintains an Overweight rating on SolarEdge Technologies (NASDAQ:SEDG) but has lowered the price target from $390 to $359.

July 18, 2023 | 1:25 pm
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Barclays has maintained an Overweight rating on SolarEdge Technologies but lowered the price target from $390 to $359.
While the Overweight rating suggests that Barclays expects SolarEdge Technologies to outperform the market, the lowering of the price target could indicate a slightly less optimistic outlook. This could potentially have a neutral impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100