SolarEdge Technologies shares are trading lower after JP Morgan cut its price target on the stock from $35 to $29.
Portfolio Pulse from Benzinga Newsdesk
SolarEdge Technologies shares declined following JP Morgan's decision to lower its price target from $35 to $29.
October 23, 2024 | 1:09 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
JP Morgan has reduced its price target for SolarEdge Technologies from $35 to $29, leading to a decline in the company's stock price.
The reduction in the price target by a major financial institution like JP Morgan is likely to negatively impact investor sentiment, leading to a decline in SolarEdge's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100