JP Morgan Maintains Overweight on SolarEdge Technologies, Lowers Price Target to $49
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 $59 to $49.
June 25, 2024 | 1:26 pm
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JP Morgan analyst Mark Strouse maintains an Overweight rating on SolarEdge Technologies (SEDG) but lowers the price target from $59 to $49.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some concerns about near-term performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100