Double Upgrade Pushes Solar Stock Toward Best Day in 2 Years
Portfolio Pulse from
SolarEdge Technologies Inc (NASDAQ:SEDG) saw its shares rise by 13.6% following a double-upgrade from Goldman Sachs, moving the rating from 'sell' to 'buy'. This marks one of the best trading days for the company in two years.
December 17, 2024 | 4:15 pm
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SolarEdge Technologies Inc experienced a significant stock price increase of 13.6% due to a double-upgrade from Goldman Sachs, changing the rating from 'sell' to 'buy'.
The double-upgrade from a reputable financial institution like Goldman Sachs is a strong positive signal to the market, likely leading to increased investor confidence and buying activity, hence the significant rise in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100