From Financial Modeling Prep: 2025-01-08 08:55:00

SolarEdge Technologies (NASDAQ:SEDG) saw a 6% pre-market drop as Citi downgraded the stock to Sell, with a lowered price target of $9. The renewable energy market faced challenges in 2020, impacting investor confidence. Utility-scale firms have advantages over residential solar due to demand in data centers and AI, while SolarEdge’s liquidity and competitive position pose concerns.



Read more at Financial Modeling Prep:: SolarEdge Downgraded to Sell at Citi, Shares Drop …