Wells Fargo lowered the firm’s price target on SolarEdge (SEDG) to $15 from $19 to reflect lower gross margins partly due to tariffs, while keeping an Equal Weight rating on the shares. The firm believes SolarEdge has turned a corner, but stays on the sidelines as the pace of revenue/gross margin recovery is unclear given soft residential solar demand and IRA/tariff risk.
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Read More on SEDG:
- Sell Rating for SolarEdge Technologies Amid Margin Pressures and Market Uncertainties
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- SolarEdge Technologies Reports Q1 2025 Financial Results
- SolarEdge Earnings Call: Growth Amidst Tariff Challenges
- SolarEdge Technologies: Balancing Positive Cash Flow and Revenue Growth with Pricing and Margin Challenges
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