Canaccord Genuity Maintains Hold on SolarEdge Technologies, Lowers Price Target to $58
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Austin Moeller maintains a Hold rating on SolarEdge Technologies (SEDG) and lowers the price target from $75 to $58.

May 09, 2024 | 7:04 pm
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Canaccord Genuity maintains a Hold rating on SolarEdge Technologies and lowers the price target from $75 to $58.
The reduction in the price target by Canaccord Genuity suggests a bearish outlook on SolarEdge Technologies' stock in the short term, likely due to perceived challenges or slower growth than previously expected. This adjustment could lead to a negative sentiment among investors, potentially causing a decrease in the stock price.
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IMPORTANCE 90
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