Goldman Sachs Downgrades SolarEdge Technologies to Neutral, Lowers Price Target to $131
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Brian Lee has downgraded SolarEdge Technologies (NASDAQ:SEDG) from Buy to Neutral and lowered the price target from $254 to $131.
October 20, 2023 | 10:29 am
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SolarEdge Technologies has been downgraded from Buy to Neutral by Goldman Sachs, with a lowered price target of $131.
The downgrade from Goldman Sachs, a major financial institution, could negatively impact investor sentiment towards SolarEdge Technologies. The lowered price target suggests that Goldman Sachs sees less upside potential in the stock, which could lead to selling pressure.
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