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SolarEdge price target lowered to $15 from $19 at Daiwa
The Fly

SolarEdge price target lowered to $15 from $19 at Daiwa

Daiwa lowered the firm’s price target on SolarEdge (SEDG) to $15 from $19 and keeps a Neutral rating on the shares. The firm cut numbers following the announcement of the company’s storage business closure. The firm believes that long-term SolarEdge should perform when demand returns and channel inventory normalizes.

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