B of A Securities Downgrades SolarEdge Technologies to Underperform, Announces $65 Price Target
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Julien Dumoulin-Smith has downgraded SolarEdge Technologies (NASDAQ:SEDG) from Neutral to Underperform and set a price target of $65.
October 20, 2023 | 12:57 pm
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NEGATIVE IMPACT
SolarEdge Technologies has been downgraded to Underperform by B of A Securities with a price target of $65.
The downgrade from Neutral to Underperform by a major analyst indicates a negative outlook for the company. The price target of $65, if lower than the current price, suggests that the analyst expects the stock price to decrease in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100