Market News / Story
SEDG Stock Slides After Deutsche Bank Tags It A Short-Term Sell
Stocktwits ·
Stocktwits reports: Shares of SolarEdge Technologies (SEDG) fell on Wednesday after Deutsche Bank labeled the stock a short-term sell idea, citing softer U.S. demand and risk to later-year earnings. The shares were down about 5% at the time of writing, trading near $32.30. Deutsche Bank’s Tactical Call On SEDG The decline followed a research note from Deutsche Bank analyst Corinne Blanchard, who placed a “Catalyst Call: Sell” on SolarEdge as a short-term investment idea. The firm kept a…