Wells Fargo Maintains Equal-Weight on SolarEdge Technologies, Lowers Price Target to $62
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Praneeth Satish maintains an Equal-Weight rating on SolarEdge Technologies (NASDAQ:SEDG) but lowers the price target from $81 to $62.
May 15, 2024 | 6:17 pm
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Wells Fargo has maintained its Equal-Weight rating on SolarEdge Technologies but has lowered the price target from $81 to $62, indicating a less optimistic outlook.
The lowered price target from $81 to $62 by Wells Fargo suggests a less optimistic outlook for SolarEdge Technologies. This could lead to a negative short-term impact on the stock price as investors may adjust their expectations accordingly.
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