Jefferies Downgrades SolarEdge Technologies to Underperform, Lowers Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Julien Dumoulin-Smith has downgraded SolarEdge Technologies from Hold to Underperform and reduced the price target from $27 to $17.
September 17, 2024 | 12:52 pm
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Jefferies has downgraded SolarEdge Technologies to Underperform and lowered its price target to $17, indicating a negative outlook.
The downgrade from Hold to Underperform by Jefferies, along with a significant reduction in the price target, suggests a negative short-term outlook for SolarEdge Technologies. This is likely to lead to a decrease in investor confidence and a potential drop in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100