Double Upgrade Pushes Solar Stock Toward Best Day in 2 Years

Shares of SolarEdge Technologies Inc (NASDAQ:SEDG) are up 13.6% at $13.99 at last glance, after a rare double-upgrade from Goldman Sachs to "buy" from "sell." The analyst sees upside for the stock in 2025, saying the market is "overplaying the risks" of the solar sector. Goldman Sachs is now, notably, one of just a few analysts in coverage carrying a bullish rating on SEDG. Of the 35 analysts in coverage, 24 carry a "hold," and eight a "sell" or worse. SolarEdge stock is now headed for its largest single-da ...