GLJ upgrades SolarEdge to Hold on ‘solar friendly’ Senate

From Yahoo Finance: 2025-05-31 08:47:00

GLJ Research analyst Gordon Johnson upgraded SolarEdge (SEDG) to Hold from Sell with a $6.90 price target, citing recent selloff and “solar friendly” Senate. Shorting carries risks as Senate budget bill language favors residential solar, creating risk of swift move higher. GLJ still sees SolarEdge’s core business as “structurally flawed.”

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