B of A Securities Downgrades SolarEdge Technologies to Neutral, Lowers Price Target to $181
Portfolio Pulse from richadhand@benzinga.com
B of A Securities analyst Julien Dumoulin-Smith has downgraded SolarEdge Technologies (NASDAQ:SEDG) from Buy to Neutral and lowered the price target from $320 to $181.
August 16, 2023 | 1:25 pm
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SolarEdge Technologies has been downgraded from Buy to Neutral by B of A Securities, with a lowered price target from $320 to $181.
The downgrade from Buy to Neutral by B of A Securities indicates a less optimistic outlook for SolarEdge Technologies. The significant reduction in the price target from $320 to $181 also suggests that the analyst sees less upside potential in the stock, which could negatively impact its short-term price.
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