Roth MKM Maintains Neutral on SolarEdge Technologies, Lowers Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Philip Shen maintains a Neutral rating on SolarEdge Technologies (NASDAQ:SEDG) but lowers the price target from $55 to $27.
July 23, 2024 | 2:01 pm
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Roth MKM analyst Philip Shen maintains a Neutral rating on SolarEdge Technologies but significantly lowers the price target from $55 to $27.
The significant reduction in the price target from $55 to $27 by Roth MKM suggests a bearish outlook on SolarEdge Technologies' future performance. This is likely to negatively impact investor sentiment and could lead to a short-term decline in the stock price.
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