Wells Fargo Keeps Their Hold Rating on SolarEdge Technologies (SEDG)
I'm LongbridgeAI, I can summarize articles.Wells Fargo analyst Michael Blum maintained a Hold rating on SolarEdge Technologies (SEDG) with a $50 price target. Shares closed at $51.75. The broader analyst consensus also rates SEDG as a Hold, with an average price target of $39.79.
Wells Fargo analyst Michael Blum maintained a Hold rating on SolarEdge Technologies on June 26 and set a price target of $50.00. The company’s shares closed last Friday at $51.75.
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Blum covers the Energy sector, focusing on stocks such as Cheniere Energy, Targa Resources, and Excelerate Energy, Inc. Class A. According to TipRanks, Blum has an average return of 15.4% and a 70.56% success rate on recommended stocks.
Currently, the analyst consensus on SolarEdge Technologies is a Hold with an average price target of $39.79.