Scotiabank Maintains Sector Perform on SolarEdge Technologies, Lowers Price Target to $46
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Tristan Richardson maintains a Sector Perform rating on SolarEdge Technologies (NASDAQ:SEDG) but lowers the price target from $72 to $46.
June 25, 2024 | 3:19 pm
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Scotiabank has maintained its Sector Perform rating on SolarEdge Technologies but has significantly lowered the price target from $72 to $46.
The significant reduction in the price target from $72 to $46 by Scotiabank suggests a bearish outlook on SolarEdge Technologies' near-term performance. This is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100