NasdaqGS:SEDGSemiconductor
Why SolarEdge Technologies (SEDG) Is Up 5.2% After Analyst Upgrade And Storage Traction In Germany
Earlier this month, analysts at TD Cowen upgraded SolarEdge Technologies after highlighting progress in its turnaround plan, including new product launches and signs of improving financial strength, market share, and margins.
A key detail was the strong early uptake of SolarEdge’s new commercial storage system in Germany, where over 150 orders were placed shortly after launch, suggesting growing traction for its expanded storage offering.
We’ll now explore how this apparent turnaround...