BMO Capital Maintains Market Perform on SolarEdge Technologies, Lowers Price Target to $56
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Ameet Thakkar has maintained a Market Perform rating on SolarEdge Technologies (NASDAQ:SEDG) but lowered the price target from $73 to $56.
May 09, 2024 | 3:30 pm
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BMO Capital has maintained its Market Perform rating on SolarEdge Technologies but reduced the price target from $73 to $56.
The reduction in price target by BMO Capital suggests a bearish outlook on the stock's short-term price potential, likely due to factors not specified in the article but inferred to be negative. This adjustment could lead to a decrease in investor confidence and a potential short-term decline in the stock price.
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