Truist Securities Maintains Buy on SolarEdge Technologies, Lowers Price Target to $180
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Jordan Levy has maintained a 'Buy' rating on SolarEdge Technologies (NASDAQ:SEDG) but lowered the price target from $210 to $180.
October 04, 2023 | 1:39 pm
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SolarEdge Technologies' price target has been lowered from $210 to $180 by Truist Securities, though the 'Buy' rating is maintained.
The lowering of the price target by Truist Securities could potentially create a negative sentiment among investors, which might put downward pressure on the stock price in the short term. However, the maintained 'Buy' rating indicates that the analyst still sees potential upside in the stock, which could counterbalance the negative impact.
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IMPORTANCE 80
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