SolarEdge Technologies shares are trading lower after Goldman Sachs lowered its price target on the stock from $25 to $19.
Portfolio Pulse from Benzinga Newsdesk
SolarEdge Technologies shares are trading lower after Goldman Sachs lowered its price target on the stock from $25 to $19.
August 09, 2024 | 4:00 pm
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Goldman Sachs has lowered its price target for SolarEdge Technologies from $25 to $19, causing the stock to trade lower.
The reduction in the price target by a major financial institution like Goldman Sachs is likely to negatively impact investor sentiment and lead to a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100