SolarEdge Technologies (SEDG) Tops Q2 EPS by 8c, Q3 Guidance Tops Views

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SolarEdge (SEDG) PT Increased After a Beat/Raise Quarter - FBR

February 4, 2016 7:37 AM EST

FBR Capital analyst, Herziliya Pituach, raised his PT on SolarEdge Technologies (NASDAQ: SEDG) after a beat and raise quarter as a new line of inverters should help with margin expansion.

SolarEdge reported F2Q16 results that handily exceeded consensus expectations, with market share gains in the commercial segment and outsized strength in Europe. All major financial metrics (shipments, revenue, gross margins, EPS) exceeded expectations. Revenue... More