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SolarEdge Technologies (SEDG) Gets a Hold from Susquehanna

Tipranks - Tipranks - Fri Apr 10, 7:48AM CDT

Susquehanna analyst Charles Minervino maintained a Hold rating on SolarEdge Technologies today and set a price target of $45.00.

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According to TipRanks, Minervino is a 5-star analyst with an average return of 14.3% and a 61.32% success rate. Minervino covers the Energy sector, focusing on stocks such as TechnipFMC, Baker Hughes Company, and Devon Energy.

Currently, the analyst consensus on SolarEdge Technologies is a Hold with an average price target of $36.75.

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Based on SolarEdge Technologies’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $335.36 million and a GAAP net loss of $132.12 million. In comparison, last year the company earned a revenue of $170.75 million and had a GAAP net loss of $312.91 million

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