SMA Solar price target raised to EUR 57 from EUR 39 at Jefferies

Jefferies analyst Constantin Hesse raised the firm’s price target on SMA Solar (SMTGF) to EUR 57 from EUR 39 and keeps a Buy rating on the shares. The firm remains constructive on SMA Solar, despite near-term supply chain risks and limited visibility into U.S. tariff reimbursements. Industry fundamentals remain supportive, with potential regulatory upside in Europe amid a renewed energy crisis, the analyst tells investors in a research note.