Canaccord Genuity Maintains Hold on SolarEdge Technologies, Lowers Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Austin Moeller maintains a Hold rating on SolarEdge Technologies (NASDAQ:SEDG) and lowers the price target from $58 to $38.
June 25, 2024 | 2:53 pm
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Canaccord Genuity analyst Austin Moeller maintains a Hold rating on SolarEdge Technologies (NASDAQ:SEDG) and lowers the price target from $58 to $38.
The lowered price target from $58 to $38 by Canaccord Genuity suggests a negative outlook on SolarEdge Technologies' stock performance. This is likely to result in a short-term decline in the stock price as investors react to the reduced target.
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