GLJ Research Maintains Sell on SolarEdge Technologies, Lowers Price Target to $33.46
Portfolio Pulse from Benzinga Newsdesk
GLJ Research analyst Gordon Johnson has reiterated a Sell rating on SolarEdge Technologies (NASDAQ:SEDG) and reduced the price target from $35.55 to $33.46.
December 01, 2023 | 1:15 pm
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NEGATIVE IMPACT
GLJ Research analyst Gordon Johnson maintains a Sell rating on SolarEdge Technologies and lowers the price target to $33.46.
The reiteration of a Sell rating combined with a lowered price target by GLJ Research is likely to negatively impact investor sentiment towards SolarEdge Technologies in the short term. This could lead to a decrease in the stock price as the market adjusts to the new price target and Sell rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100