As previously reported, Piper Sandler analyst Kashy Harrison downgraded SolarEdge to Neutral from Overweight with a price target of $105, down from $110. The firm, which anticipates “a 20-ish% decline” in U.S. residential solar installs in 2024 given weakness in California, cites a “fair valuation” following an earnings reset for its downgrade of SolarEdge.
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