SolarEdge Announces Second Quarter 2024 Financial Results

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SolarEdge Technologies (SEDG) PT Lowered to $35 at RBC Capital

August 8, 2024 6:28 AM EDT

RBC Capital analyst Chris Dendrinos lowered the price target on SolarEdge Technologies (NASDAQ: SEDG) to $35.00 (from $37.00) while maintaining a Sector Perform rating.

The analyst comments " SEDG is seeing stable-to-improving sell through but excess channel inventories, particularly in EU, remain an... More

SolarEdge Technologies (SEDG) PT Lowered to $35 at JPMorgan

August 8, 2024 5:56 AM EDT

JPMorgan analyst Mark Strouse lowered the price target on SolarEdge Technologies (NASDAQ: SEDG) to $35.00 (from $50.00) while maintaining a Overweight rating.

The analyst comments "SEDG reported mixed 2Q results with PF EPS below expectations on slightly better than expected revenue. 3Q revenue and gross margin guidance was well below expectations as... More