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SolarEdge price target lowered to $14 from $19 at Canaccord

Canaccord lowered the firm’s price target on SolarEdge (SEDG) to $14 from $19 and keeps a Hold rating on the shares. The firm noted SolarEdge, which sourced 35.8% of its 2024 revenues from Europe, 42.1% from the USA and 22.1% from rest-of-world, has greater exposure to international demand uncertainty and trade war impacts to margins.

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