Northland upgraded SolarEdge to Market Perform due to strong solar demand

From Yahoo Finance: 2025-05-25 04:28:00

Northland analyst Gus Richard upgraded SolarEdge Technologies, Inc. (NASDAQ:SEDG) from Underperform to Market Perform on May 24 with a price target of $15.50. Solar and battery projects make up 80% of the 2.6 terawatts awaiting connection in the U.S. grid interconnection queue, indicating strong solar demand. Developers are stockpiling components like panels and batteries to meet future demand. Despite a decline in shares since an initial downgrade, SolarEdge Technologies, Inc. stands out as a well-positioned player in the market due to its non-Chinese supplier status and cybersecurity capabilities. No promotions or marketing mentioned in the article.



Read more at Yahoo Finance: Northland Upgrades SolarEdge (SEDG) to Market Perform, Cites Strong Solar Demand