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SolarEdge Stock Pops on Reported Analyst Double Upgrade
SEDGSolarEdge(SEDG) Investopedia·2024-12-17 19:25

Key TakeawaysShares of SolarEdge Technologies jumped after Goldman Sachs analysts reportedly gave the company a double upgrade.The analysts reportedly said concerns over SolarEdge's debt may be overblown and that a recent restructuring may improve its product mix.Despite the gains Tuesday, SolarEdge stock is down nearly 85% in 2024. SolarEdge Technologies (SEDG) shares rallied Tuesday after analysts at Goldman Sachs reportedly issued a double upgrade for the solar equipment maker.  Goldman bumped its rating ...