SolarEdge Technologies (SEDG) Tops Q4 EPS by 3c
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FBR Capital Cuts Price Target on SolarEdge Technologies (SEDG) Following 4Q Report
August 10, 2016 6:53 AM EDTFBR Capital maintained an Outperform rating on SolarEdge Technologies (NASDAQ: SEDG), and cut the price target to $32.00 (from $38.00), following the company's 4Q earnings report. SEDG delivered revenues of $124.8M and non-GAAP EPS of $0.44. The company also grew operating cash by $17.3M and now has $4.08/share in net cash.
Analyst Carter Driscoll commented, "Yesterday, August 9, SEDG delivered F4Q16... More
