TD Cowen Maintains Buy on SolarEdge Technologies, Lowers Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Jeffrey Osborne maintains a Buy rating on SolarEdge Technologies (SEDG) but lowers the price target from $85 to $80.

May 09, 2024 | 4:30 pm
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TD Cowen maintains a Buy rating on SolarEdge Technologies but lowers the price target from $85 to $80.
While the Buy rating reaffirms confidence in SolarEdge Technologies' fundamentals, the reduction in price target could reflect a more cautious outlook on the stock's short-term price potential. This mixed signal might lead to neutral short-term price movement as investors digest both the continued endorsement and the tempered expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100