SolarEdge receives double upgrade at Goldman Sachs
- SolarEdge Technologies (NASDAQ:SEDG) on Tuesday was upgraded two levels to Buy from a previous investment rating of Sell by analysts at financial-services firm Goldman Sachs.
- While the SolarEdge (SEDG) upgrade “is likely a bit early,” the firm said, adding that the stock “represents a unique recovery story, in our view, that could be poised to benefit from a ‘shrink-to-grow’ strategy starting in 2025.”