Scotiabank Maintains Sector Perform on SolarEdge Technologies, Lowers Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Tristan Richardson maintains a Sector Perform rating on SolarEdge Technologies (SEDG) and lowers the price target from $93 to $90.
February 21, 2024 | 5:26 pm
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Scotiabank maintains a Sector Perform rating on SolarEdge Technologies and lowers the price target from $93 to $90.
The reduction in the price target by Scotiabank could lead to a negative perception among investors, potentially causing a short-term decrease in SEDG's stock price. The maintenance of a Sector Perform rating indicates a neutral long-term outlook, but the lowered price target suggests a slight bearish adjustment in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100