SolarEdge Stock Climbs Back: Goldman Sachs Sees 40% Upside
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SolarEdge Technologies Inc (NASDAQ: SEDG) has seen a significant decline in its stock price, down 85% since January 2024, reaching levels last seen in 2016. However, Goldman Sachs projects a 40% upside for the stock.
December 19, 2024 | 2:30 pm
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SolarEdge Technologies' stock has plummeted 85% in 2024, but Goldman Sachs forecasts a 40% upside, suggesting potential recovery.
The stock has significantly declined, but a major financial institution, Goldman Sachs, predicts a substantial upside. This positive analyst rating could boost investor confidence and lead to a short-term price increase.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100