Janney Montgomery Scott Downgrades SolarEdge Technologies to Neutral
Portfolio Pulse from Benzinga Newsdesk
Janney Montgomery Scott analyst Sean Milligan downgraded SolarEdge Technologies (NASDAQ:SEDG) from Buy to Neutral, indicating a more cautious outlook on the company's stock.

March 22, 2024 | 4:01 pm
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SolarEdge Technologies was downgraded from Buy to Neutral by Janney Montgomery Scott, suggesting a shift to a more cautious stance on the stock.
Analyst downgrades typically lead to a negative short-term impact on the stock price as they reflect a less optimistic view on the company's future performance. Given the downgrade from Buy to Neutral, it suggests that the analyst sees limited upside potential or increased risks that could hinder the stock's performance.
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