Goldman Sachs Maintains Sell on SolarEdge Technologies, Lowers Price Target to $49
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Brian Lee maintains a Sell rating on SolarEdge Technologies (SEDG) and lowers the price target from $64 to $49.

May 09, 2024 | 12:59 pm
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Goldman Sachs maintains a Sell rating on SolarEdge Technologies and reduces the price target to $49.
The reduction in price target by a significant margin from $64 to $49 by Goldman Sachs, coupled with the maintenance of a Sell rating, suggests a bearish outlook on the stock. This could lead to a negative short-term impact on SolarEdge Technologies' stock price as market participants react to the analyst's revised expectations.
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IMPORTANCE 90
RELEVANCE 100