Roth MKM Maintains Neutral on SolarEdge Technologies, Raises Price Target to $80-Report released on 6 december 2023
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Philip Shen has maintained a Neutral rating on SolarEdge Technologies (NASDAQ:SEDG) and increased the price target from $60 to $80, as reported on December 6, 2023.
December 07, 2023 | 2:52 pm
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Roth MKM analyst Philip Shen maintained a Neutral rating on SolarEdge Technologies but raised the price target from $60 to $80.
The increase in price target from $60 to $80 by Roth MKM suggests a positive outlook on the stock's value, which could lead to increased investor confidence and a potential short-term rise in the stock price. However, the Neutral rating indicates that the analyst does not see significant momentum or changes in the company's fundamentals that would justify an upgrade to a Buy rating at this time.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100