SolarEdge shares jump as CEO Zvi Lando steps down
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BMO Capital Reiterates Market Perform Rating on SolarEdge Technologies (SEDG) Following CEO Transition
August 26, 2024 9:07 AM EDTBMO 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
Truist Securities Reiterates Hold Rating on SolarEdge Technologies (SEDG) Following CEO Transition
August 26, 2024 8:58 AM EDTTruist 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
SolarEdge Technologies (SEDG): Zvi Lando has stepped down as Chief Executive Officer
August 26, 2024 7:01 AM EDTSolarEdge Technologies, Inc. (SolarEdge) (NASDAQ: SEDG), a global leader in smart energy technology, announced that Zvi Lando has stepped down as SolarEdges Chief Executive Officer. The Company's Board of Directors has initiated a search for a new CEO with the support of a leading global executive... More
