B of A Securities Maintains Underperform on SolarEdge Technologies, Lowers Price Target to $44
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Julien Dumoulin-Smith maintains an Underperform rating on SolarEdge Technologies (SEDG) and lowers the price target from $54 to $44.
May 10, 2024 | 11:43 am
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NEGATIVE IMPACT
B of A Securities has maintained its Underperform rating on SolarEdge Technologies and reduced the price target from $54 to $44.
The reduction in price target by a significant margin suggests a bearish outlook on the stock by the analyst. This could lead to negative sentiment among investors and potentially drive the stock price down in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100