Canaccord raised the firm’s price target on SolarEdge (SEDG) to $16.50 from $14 and keeps a Hold rating on the shares. The firm said they reported solid Q1 results and management provided Q2/25 guidance that reflected the company’s tariff exposure in China and their focus on efficiencies and cost reductions as part of the turnaround strategy.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SEDG:
- SolarEdge price target lowered to $15 from $19 at Wells Fargo
- Sell Rating for SolarEdge Technologies Amid Margin Pressures and Market Uncertainties
- Cautious Hold Rating on SolarEdge Amid Market Challenges and Uncertainty
- SolarEdge Technologies Reports Q1 2025 Financial Results
- SolarEdge Earnings Call: Growth Amidst Tariff Challenges