Why SolarEdge Technologies Stock Was a Blazing-Hot Item This Week

One recent trend over the past few days among analysts has been to modify their price targets on sun energy specialist SolarEdge Technologies (NASDAQ: SEDG). No less than four pundits tracking the fortunes of the solar company did so in the space of barely over 72 hours. This helped raise the stock's price by 9% week to date as of late Friday morning, according to data compiled by S&P Global Market Intelligence. On Monday, Susquehanna's Biju Perincheril got the ball rolling with a significant increase, as he raised his fair-value assessment on SolarEdge. His new level is $40 per share, well up from the previous $25.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool