Mizuho Maintains Buy on SolarEdge Technologies, Lowers Price Target to $84
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Maheep Mandloi maintains a Buy rating on SolarEdge Technologies (SEDG) but lowers the price target from $104 to $84.

May 10, 2024 | 12:06 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Mizuho's adjustment of SolarEdge Technologies' price target to $84 from $104, while maintaining a Buy rating, reflects a positive outlook on the company's performance but adjusts expectations for its stock price.
The reduction in price target suggests a recalibration of expectations possibly due to market conditions or company-specific factors, yet the maintenance of a Buy rating indicates a continued positive outlook on the company's fundamentals. This mixed signal could lead to short-term uncertainty among investors, balancing out potential positive and negative impacts on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100