US83417M1045 - Common Stock
SolarEdge Technologies shares popped 20% Tuesday after analysts at Goldman Sachs reportedly issued a double upgrade for the solar equipment maker.
Goldman Sachs analyst Brian Lee revised ratings for key residential solar stocks. The analyst notes there is a disconnect between the mid-to-long-term fundamentals and valuations for solar/storage equities heading into 2025. Solar equities appear to be overpricing risks tied to policy uncertainty, even though secular growth drivers, such as U.S. power demand and pricing, remain strong. SEDG: The analyst upgraded SolarEdge Technologies, Inc. (NASDAQ:SEDG) rating to Buy from Sell and raised the pr
These are the stocks posting the largest moves in premarket trading.
Here are the biggest calls on Wall Street on Tuesday.
Goldman Sachs handed SolarEdge a buy rating and a price target hike late Monday.
SolarEdge Technologies is in the early stages of making a strong recovery, according to Goldman Sachs.
SEDG launches its first commercial storage system in the German solar market.
These are the stocks posting the largest moves in midday trading.
SolarEdge Technologies Inc. is firing about 12% of its staff and closing its energy-storage unit amid a slump in the US market that prompted the manufacturer to take a $1 billion writedown this month.