What 20 Analyst Ratings Have To Say About SolarEdge Technologies
Portfolio Pulse from Benzinga Insights
In the last quarter, SolarEdge Technologies (NASDAQ:SEDG) received 20 analyst ratings, with 7 being bullish, 9 somewhat bullish, and 4 indifferent. The average price target is $288.95, indicating an upside from the current price of $121.0. However, this average has decreased by 19.07% from the previous average price target of $357.05.
October 04, 2023 | 3:00 pm
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SolarEdge Technologies received mostly bullish ratings from analysts, indicating a potential upside. However, the decrease in the average price target could suggest a tempered outlook.
Analyst ratings are a significant factor in influencing investor sentiment and stock price. The majority of the ratings for SolarEdge Technologies are bullish, which is generally positive for the stock. However, the decrease in the average price target could indicate a more cautious outlook, which might temper the stock's potential upside.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100