Citigroup Maintains Neutral on SolarEdge Technologies, Raises Price Target to $89
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Vikram Bagri has maintained a Neutral rating on SolarEdge Technologies (NASDAQ:SEDG) and increased the price target from $77 to $89.
November 30, 2023 | 11:40 am
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Citigroup has maintained a Neutral rating on SolarEdge Technologies but raised the price target from $77 to $89, indicating a positive outlook on the stock's value.
The increase in price target by Citigroup suggests an improved valuation assessment of SolarEdge Technologies, which could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100