Read more
5:46 PM · 30 November 2021

SolarEdge stock plunges after Morgan Stanley downgrade

SolarEdge
Stocks
SEDG.US, SolarEdge Technologies Inc
-
-

SolarEdge Technologies (SEDG.US) shares fell more than 5% during today's session after Morgan Stanley downgraded the company to equal-weight from overweight with a price target of $338, up from $318, saying that the stock appears to be fully valued after a recent hot streak with a limited room for further upside. The analyst Stephen Byrd added that as the company's non-solar business grows, its margins may decline over time.

SolarEdge (SEDG.US) stock launched today's session with a bearish price gap, and buyers made an attempt to break above local resistance at $ 338.00, which coincides with 38.2% Fibonacci retracement of the last upward wave. However, bulls did not have strength to stay above this level and price resumed downward move. If current sentiment prevails, next support at $305.00 may be at risk. Source: xStation5

2 January 2026, 6:50 PM

Daily Summary: Massive Gains in U.S. Indices Completely Wiped Out

2 January 2026, 5:01 PM

TSMC launches 2 nm, shares rise 📈

2 January 2026, 3:23 PM

US Open: A Powerful Start to the New Year for Nasdaq!

2 January 2026, 1:19 PM

Fashion giant overshadowed by train accident near Machu Picchu 🚞

Join over 2 000 000 XTB Group Clients from around the world

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits