Morgan Stanley Maintains Equal-Weight on SolarEdge Technologies, Lowers Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Andrew Percoco maintains an Equal-Weight rating on SolarEdge Technologies (NASDAQ:SEDG) but lowers the price target from $28 to $23.
October 08, 2024 | 11:27 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Morgan Stanley has maintained its Equal-Weight rating on SolarEdge Technologies but has lowered the price target from $28 to $23, indicating a more cautious outlook.
The lowering of the price target by Morgan Stanley suggests a more cautious outlook on SolarEdge's future performance, which could lead to a negative short-term impact on the stock price. The Equal-Weight rating indicates a neutral stance, but the reduced price target is a bearish signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100