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SolarEdge price target raised to $19 from $18 at Canaccord

Canaccord raised the firm’s price target on SolarEdge (SEDG) to $19 from $18 and keeps a Hold rating on the shares. The firm noted management said 2025 will be a transition year as its Q4 results represent a step in the right direction toward eventual profitability and meaningful free cash flow generation.

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