Susquehanna Maintains Positive on SolarEdge Technologies, Lowers Price Target to $305
Portfolio Pulse from jenniferd'souza@benzinga.com
Susquehanna analyst Biju Perincheril maintains a positive outlook on SolarEdge Technologies (NASDAQ:SEDG), but has lowered the price target from $365 to $305.

August 04, 2023 | 11:18 am
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Despite a lowered price target, Susquehanna maintains a positive outlook on SolarEdge Technologies, indicating continued confidence in the company's performance.
The lowering of the price target by Susquehanna could potentially create a negative sentiment among investors, leading to a short-term decrease in the stock price. However, the maintained positive outlook indicates that the analyst still sees potential in the company, which could balance out the initial negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100