Oppenheimer Maintains Outperform on SolarEdge Technologies, Lowers Price Target to $314
Portfolio Pulse from richadhand@benzinga.com
Oppenheimer analyst Colin Rusch has maintained an 'Outperform' rating on SolarEdge Technologies (NASDAQ:SEDG) but lowered the price target from $400 to $314.
August 04, 2023 | 11:08 am
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NEUTRAL IMPACT
SolarEdge Technologies' price target has been lowered from $400 to $314 by Oppenheimer, though the 'Outperform' rating is maintained.
The news is directly about SolarEdge Technologies. The lowering of the price target might indicate a potential downside risk, but the maintained 'Outperform' rating suggests that the analyst still sees the company as a good investment. The impact on the stock price in the short term is uncertain, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100