Exane BNP Paribas Downgrades SolarEdge Technologies to Neutral, Announces $71 Price Target
Portfolio Pulse from Benzinga Newsdesk
Exane BNP Paribas analyst Moses Sutton has downgraded SolarEdge Technologies (NASDAQ:SEDG) from Outperform to Neutral and set a price target of $71.
November 02, 2023 | 2:50 pm
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SolarEdge Technologies has been downgraded from Outperform to Neutral by Exane BNP Paribas, with a new price target of $71.
The downgrade from Outperform to Neutral by a reputable analyst suggests a less optimistic outlook for SolarEdge Technologies. This could potentially lead to a decrease in the stock's price in the short term. The new price target of $71 also provides a benchmark that could influence investor sentiment and trading behavior.
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