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Northland says SolarEdge ‘falling behind,’ downgrades to Underperform

Northland says SolarEdge ‘falling behind,’ downgrades to Underperform

As previously reported, Northland downgraded SolarEdge (SEDG) to Underperform from Market Perform with a $15 price target post-earnings as the firm argues that SolarEdge is “behind in new products, customer service, and reliability,” which will take “a while to repair.” The firm also cites a lack of transparency, “indicating that little has changed.”

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