SolarEdge Announces Leadership Transition Plan
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August 26, 2024 9:07 AM EDT
BMO Capital analyst Ameet Thakkar reiterated a Market Perform rating and $24.00 price target on SolarEdge Technologies (NASDAQ: SEDG).
The analyst comments "SEDG announces management changes as market trough continues; not too surprising. SEDG announced its current CEO Zvi Lando is stepping down with outgoing CFO Ronen Faier succeeding him as interim CEO, effective today. SEDG shares have been under meaningful pressure the last several months as its share price is down ~82% from year-ago levels as the company's quarterly revenues have... More
August 26, 2024 8:58 AM EDT
Truist Securities analyst Jordan Levy reiterated a Hold rating and $20.00 price target on SolarEdge Technologies (NASDAQ: SEDG).
The analyst comments "Early this morning, SolarEdge (SEDG, Hold) announced a leadership transition plan following the news that CEO Zvi Lando has stepped down, with... More
