Truist Securities Downgrades SolarEdge Technologies to Hold, Lowers Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Jordan Levy has downgraded SolarEdge Technologies from Buy to Hold and lowered the price target from $120 to $70.
November 02, 2023 | 12:13 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
SolarEdge Technologies has been downgraded from Buy to Hold by Truist Securities, with a lowered price target from $120 to $70.
The downgrade from Buy to Hold by Truist Securities indicates a less optimistic outlook for SolarEdge Technologies. The lowered price target from $120 to $70 suggests that the analyst believes the stock is currently overvalued, which could lead to a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100