SolarEdge price target raised to $10 from $7 at Barclays

Barclays analyst Christine Cho raised the firm’s price target on SolarEdge (SEDG) to $10 from $7 and keeps an Underweight rating on the shares. After a challenging Q3 earnings season, Barclays does not expect Q4 earnings will be when sentiment turns around, “especially with the seasonal lull,” the analyst tells investors in a research note. The firm says topics on the earnings call will focus on are cost cuts, cash generation, safe harbor potential, competition, new products, and regulatory policy.