UBS Sticks to Its Hold Rating for SolarEdge Technologies (SEDG)
In a report released today, from UBS maintained a Hold rating on SolarEdge Technologies, with a price target of $36.00.
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In addition to UBS, SolarEdge Technologies also received a Hold from TipRanks – OpenAI’s OpenAI Solar in a report issued on February 27. However, on February 19, BMO Capital maintained a Sell rating on SolarEdge Technologies (NASDAQ: SEDG).
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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