Citigroup Downgrades SolarEdge Technologies to Neutral, Lowers Price Target to $77
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Vikram Bagri has downgraded SolarEdge Technologies from Buy to Neutral and lowered the price target from $187 to $77.
November 02, 2023 | 3:37 pm
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SolarEdge Technologies has been downgraded from Buy to Neutral by Citigroup, with a lowered price target from $187 to $77.
The downgrade from Buy to Neutral by Citigroup, a major financial institution, coupled with a significant reduction in the price target, could negatively impact investor sentiment and potentially lead to a decrease in SolarEdge Technologies' stock price in the short term.
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