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Goldman Sachs Lowers SolarEdge Price Target by 14.7%

Guavy AI Editorial Team
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SolarEdge Technologies (NASDAQ:SEDG) had its price objective cut by The Goldman Sachs Group from $34.00 to $30.00 in a report released on Thursday.

The brokerage currently has a 'sell' rating on the semiconductor company's stock, suggesting a potential downside of 11.50% from the company's previous close.

This is not the first time SolarEdge Technologies' price objective has been lowered - other analysts have also issued reports on the stock with varying targets and ratings.

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