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SolarEdge price target lowered to $18 from $26 at UBS
The Fly

SolarEdge price target lowered to $18 from $26 at UBS

UBS lowered the firm’s price target on SolarEdge (SEDG) to $18 from $26 and keeps a Neutral rating on the shares. The company reported Q4 revenue and provided Q4 revenue guidance below expectations, the analyst tells investors in a research note. Following the U.S. election, the firm expects investor focus will be on the highest quality names in alternative energy.

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