Citigroup Maintains Buy on SolarEdge Technologies, Lowers Price Target to $187
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Vikram Bagri maintains a Buy rating on SolarEdge Technologies (NASDAQ:SEDG) but lowers the price target from $248 to $187.
October 20, 2023 | 3:42 pm
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NEUTRAL IMPACT
Citigroup maintains a Buy rating on SolarEdge Technologies but lowers the price target from $248 to $187.
The news is directly related to SolarEdge Technologies. While the maintained Buy rating is positive, the lowered price target could have a neutral to slightly negative impact on the stock in the short term as it indicates a lower future valuation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100