Finally Time For Investors to Buy? B.Riley FBR Upgrades SolarEdge Technologies (NASDAQ:SEDG), With $45.0 Target

February 15, 2018 - By Marguerite Chambers

  Finally Time For Investors to Buy? B.Riley FBR Upgrades SolarEdge Technologies (NASDAQ:SEDG), With $45.0 Target

SolarEdge Technologies (NASDAQ:SEDG) Stock Upgrade

B.Riley FBR has just given SolarEdge Technologies (NASDAQ:SEDG) shares an updated Buy rating in an analyst note revealed to clients on Thursday, 9 November. The company currently has a respectable $45.0 target on the stock. The target announced by B.Riley FBR is -0.99 % from SEDG’s current share price.

SolarEdge Technologies, Inc. (NASDAQ:SEDG) Ratings Coverage

Among 19 analysts covering SolarEdge Technologies (NASDAQ:SEDG), 14 have Buy rating, 4 Sell and 1 Hold. Therefore 74% are positive. SolarEdge Technologies has $55.0 highest and $10 lowest target. $33.13’s average target is -27.11% below currents $45.45 stock price. SolarEdge Technologies had 62 analyst reports since August 13, 2015 according to SRatingsIntel. Cowen & Co maintained SolarEdge Technologies, Inc. (NASDAQ:SEDG) rating on Thursday, August 3. Cowen & Co has “Buy” rating and $3100 target. Craig Hallum initiated the shares of SEDG in report on Tuesday, November 15 with “Sell” rating. On Thursday, November 10 the stock rating was downgraded by FBR Capital to “Mkt Perform”. Barclays Capital maintained SolarEdge Technologies, Inc. (NASDAQ:SEDG) rating on Thursday, August 3. Barclays Capital has “Overweight” rating and $28 target. The stock of SolarEdge Technologies, Inc. (NASDAQ:SEDG) earned “Buy” rating by Roth Capital on Monday, November 2. The firm has “Buy” rating by Cowen & Co given on Thursday, November 9. The firm earned “Buy” rating on Thursday, February 15 by Needham. The stock of SolarEdge Technologies, Inc. (NASDAQ:SEDG) earned “Market Outperform” rating by Avondale on Friday, August 14. The rating was maintained by Deutsche Bank on Wednesday, August 10 with “Buy”. The firm has “Neutral” rating by Goldman Sachs given on Tuesday, May 10.

The stock increased 23.17% or $8.55 during the last trading session, reaching $45.45. About 3.58 million shares traded or 413.20% up from the average. SolarEdge Technologies, Inc. (NASDAQ:SEDG) has declined 7.10% since February 15, 2017 and is downtrending. It has underperformed by 23.80% the S&P500.

SolarEdge Technologies, Inc., together with its subsidiaries, designs, develops, and sells direct current optimized inverter systems for solar photovoltaic (PV) installations in Israel, Europe, the United States, and internationally. The company has market cap of $1.96 billion. The companyÂ’s DC optimized inverter systems include power optimizers, inverters, and cloud monitoring software. It has a 32.51 P/E ratio. The Company’s products are used in a range of solar market divisions, including residential, commercial, and small utility-scale solar installations.

More important recent SolarEdge Technologies, Inc. (NASDAQ:SEDG) news were published by: Benzinga.com which released: “Benzinga’s Top Upgrades, Downgrades For February 15, 2018” on February 15, 2018, also Nasdaq.com published article titled: “SolarEdge Technologies Inc. (SEDG) Has Surged To A New High On Q4 Results”, Benzinga.com published: “Mid-Day Market Update: SolarEdge Technologies Gains Following Q4 Earnings Beat …” on February 15, 2018. More interesting news about SolarEdge Technologies, Inc. (NASDAQ:SEDG) was released by: Digitaljournal.com and their article: “SolarEdge Technologies, Inc. to Host Earnings Call” with publication date: February 14, 2018.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter: