Morgan Stanley Maintains Equal-Weight on SolarEdge Technologies, Lowers Price Target to $89
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Andrew Percoco has maintained an Equal-Weight rating on SolarEdge Technologies (NASDAQ:SEDG) but has reduced the price target from $176 to $89.
November 20, 2023 | 1:40 pm
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Morgan Stanley has maintained an Equal-Weight rating on SolarEdge Technologies but cut the price target significantly from $176 to $89.
The reduction in price target by Morgan Stanley is a significant adjustment that suggests the analyst sees less upside potential or greater risks associated with SolarEdge Technologies. This could lead to a negative investor sentiment and a potential decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100