JP Morgan Maintains Overweight on SolarEdge Technologies, Lowers Price Target to $59
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Mark Strouse maintains an Overweight rating on SolarEdge Technologies (NASDAQ:SEDG) but lowers the price target from $73 to $59.
June 20, 2024 | 12:04 pm
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JP Morgan analyst Mark Strouse maintains an Overweight rating on SolarEdge Technologies but lowers the price target from $73 to $59.
The Overweight rating suggests a positive long-term outlook, but the lowered price target indicates some short-term concerns. This mixed signal is likely to result in a neutral short-term impact on the stock price.
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