B. Riley Securities Maintains Buy on SolarEdge Technologies, Lowers Price Target to $133
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Christopher Souther has maintained a Buy rating on SolarEdge Technologies (NASDAQ:SEDG) but lowered the price target from $166 to $133.

February 05, 2024 | 8:14 pm
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B. Riley Securities maintains a Buy rating on SolarEdge Technologies but lowers the price target from $166 to $133.
While the maintenance of a Buy rating suggests continued confidence in SolarEdge Technologies' fundamentals and growth prospects, the reduction in the price target could reflect adjustments in valuation metrics or market conditions that might temper short-term price performance. The impact is neutral as the positive sentiment of the Buy rating could be offset by the lowered price target.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100