TD Cowen analyst Jeff Osborne raised the firm’s price target on SolarEdge (SEDG) to $18 from $11 and keeps a Hold rating on the shares. The firm said its turnaround initiatives contributed to positive free cash flow in 4Q24 and higher than expected 1Q25 gross margin guidance.
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Read More on SEDG:
- SolarEdge price target raised to $22 from $18 at UBS
- SolarEdge price target raised to $17 from $13 at Susquehanna
- SolarEdge downgraded to Underperform from Market Perform at Northland
- SolarEdge price target raised to $10 from $9 at Piper Sandler
- Cautious Hold on SolarEdge Technologies Amid Operational Challenges and Market Uncertainties