Barclays Maintains Overweight on SolarEdge Technologies, Lowers Price Target to $274
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 $359 to $274.
August 04, 2023 | 10:55 am
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Barclays maintains an Overweight rating on SolarEdge Technologies but lowers the price target from $359 to $274, which may impact the stock's performance.
The lowering of the price target by Barclays from $359 to $274 indicates a potential decrease in the stock's value. However, the maintained Overweight rating suggests that Barclays still sees the stock as a good investment, which may mitigate some of the negative impact.
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