SolarEdge (SEDG) Soars 38.7% as Jefferies Hikes Price Target

SolarEdge Technologies Inc. (NASDAQ:SEDG) is one of the 10 Stocks Gaining Momentum Fast. SolarEdge soared by 38.7 percent week-on-week, even hitting a new record high on Friday, as investors took path from an investment firm’s 63-percent higher price target for its stock. In a market note, Jefferies raised SolarEdge Technologies Inc.’s (NASDAQ:SEDG) stock to “hold” from “underperform” previously, while issuing a new price target of $49 versus $30 prior. Photo by Quang Nguyen Vinh on Pexels The coverag ...