Piper Sandler Maintains Neutral on SolarEdge Technologies, Lowers Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Kashy Harrison maintains a Neutral rating on SolarEdge Technologies (NASDAQ:SEDG) but lowers the price target from $53 to $25.
June 26, 2024 | 1:10 pm
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NEGATIVE IMPACT
Piper Sandler has maintained a Neutral rating on SolarEdge Technologies but significantly lowered the price target from $53 to $25.
The significant reduction in the price target from $53 to $25 by Piper Sandler suggests a bearish outlook on SolarEdge Technologies' future performance. This is likely to negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100