Truist analyst Bronson Fleig raised the firm’s price target on SolarEdge to $370 from $300 and keeps a Buy rating on the shares ahead of its Q4 results. The stock has seen significant volatility over the last several months as concerns over a slowdown in U.S. residential solar markets comes in and out of focus, but while there potential for a weaker 2023 for U.S. residential, the company’s international and commercial focus will help cushion the impact,the analyst tells investors in a research note.
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