Daiwa analyst Jonathan Kees lowered the firm’s price target on SolarEdge to $85 from $185 and keeps a Neutral rating on the shares. The analyst believes SolarEdge is in the “dog house” with another quarter of missed numbers. The firm cuts its model residential numbers shipped and sees some pricing pressure.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on SEDG:
