Deutsche Bank Downgrades SolarEdge Technologies to Hold, Lowers Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Corinne Blanchard has downgraded SolarEdge Technologies from Buy to Hold and lowered the price target from $300 to $150.
October 20, 2023 | 9:17 am
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SolarEdge Technologies has been downgraded from Buy to Hold by Deutsche Bank, with a lowered price target from $300 to $150.
The downgrade from Buy to Hold by Deutsche Bank indicates a less optimistic outlook for SolarEdge Technologies. The significant reduction in price target from $300 to $150 suggests that the bank expects the stock's value to decrease in the short term. This could negatively impact the stock's price.
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