UBS raised the firm’s price target on SolarEdge (SEDG) to $20 from $17 and keeps a Neutral rating on the shares. SolarEdge has multiple options to pivot to other end-markets should the final U.S. budget bill eliminate U.S. residential solar tax credits as of year-end 2025, the analyst tells investors in a research note. The firm currently sees a relatively balanced risk/reward profile between potential headwinds in the residential solar market and potential tailwinds in the C&I and utility-scale markets.
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