Susquehanna Maintains Positive on SolarEdge Technologies, Lowers Price Target to $92
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Biju Perincheril maintains a Positive rating on SolarEdge Technologies (SEDG) but lowers the price target from $97 to $92.
April 05, 2024 | 1:04 pm
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NEUTRAL IMPACT
Susquehanna maintains a Positive rating on SolarEdge Technologies but lowers the price target from $97 to $92.
While the reduction in price target from $97 to $92 could suggest a tempered outlook on SolarEdge Technologies' short-term price potential, the maintenance of a Positive rating by Susquehanna indicates continued confidence in the company's fundamentals. This mixed signal could lead to neutral short-term price movement as investors weigh the lowered price target against the analyst's ongoing positive sentiment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100