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Analysts Conflicted on These Technology Names: SolarEdge Technologies (SEDG) and Roper Technologies (ROP)

Tipranks - Fri Apr 17, 5:10AM CDT

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on SolarEdge Technologies (SEDG) and Roper Technologies (ROP).

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SolarEdge Technologies (SEDG)

Citi analyst Vikram Bagri maintained a Sell rating on SolarEdge Technologies yesterday and set a price target of $29.00. The company’s shares closed last Wednesday at $37.83.

According to TipRanks.com, Bagri ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -19.3% and a 37.2% success rate. Bagri covers the NA sector, focusing on stocks such as Marathon Petroleum, Delek US Holdings, and Centrus Energy. ;'>

SolarEdge Technologies has an analyst consensus of Hold, with a price target consensus of $36.53, a -9.8% downside from current levels. In a report issued on April 14, Goldman Sachs also downgraded the stock to Sell with a $31.00 price target.

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Roper Technologies (ROP)

Citi analyst George Kurosawa reiterated a Buy rating on Roper Technologies today and set a price target of $450.00. The company’s shares closed last Wednesday at $358.09.

According to TipRanks.com, Kurosawa is ranked #11957 out of 12196 analysts.

Currently, the analyst consensus on Roper Technologies is a Hold with an average price target of $459.15, which is a 28.4% upside from current levels. In a report issued on April 2, Piper Sandler also maintained a Buy rating on the stock with a $530.00 price target.

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