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Top related persons:
BTIG - 1 Wall - 1 Joseph Spak - 1 Spak - 1 — Brian Evans - 1 Barclays downgrades SolarEdge - 1 Christine Cho - 1 Cho - 1
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CNBC - 1 UBS - 1 Ford Motor - 1 Barclays downgrades - 1 Barclays - 1 SolarEdge - 1 Enphase Energy - 1 JPMorgan - 1

Search resuls for: "Peer Enphase"


2 mentions found


☆ Wednesday's analyst calls: Ford downgrade; crypto mining stock gets a big upgrade
  + stars: | 2024-01-17 | by ( Brian Evans Fred Imbert | Brian Evans | Fred Imbert | ) www.cnbc.com   time to read: +6 min
Early analyst calls on Wednesday included a downgrade to a legacy automaker and a rerating for a crypto mining stock that won big last year. "As we have parsed through our numbers, we think the road to recovery will be tougher for SEDG from the perspectives of top line, gross margins, and market share," analyst Christine Cho said. Morgan Stanley stock has slipped nearly 8% this year. The firm downgraded Ford to neutral from buy in a Tuesday note and reiterated a $12 per share price target. Ford shares have struggled this year, losing 6%.
Persons: BTIG, Wall, Joseph Spak, Spak, — Brian Evans, Barclays downgrades SolarEdge, Christine Cho, Cho, SolarEdge, JPMorgan downgrades Morgan Stanley, Morgan Stanley, Ted Pick, Kian Abouhossein, UBS downgrades Ford, Ford, Jim Farley's, Gregory Lewis, Lewis, MARA 1Y, MARA, Fred Imbert Organizations: CNBC, UBS, Ford Motor, Barclays downgrades, Barclays, SolarEdge, Enphase Energy, JPMorgan, Ford, U.S, General Motors, Crypto, Marathon, Marathon Digital, BTC Locations: U.S, Tuesday's
☆ SolarEdge forecasts dour Q4 revenue as demand concerns loom; shares plunge
  + stars: | 2023-11-01 | by ( ) www.reuters.com   time to read: +2 min
Miniatures of solar panel and electric pole are seen in front of SolarEdge logo in this illustration taken January 17, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsNov 1 (Reuters) - SolarEdge Technologies (SEDG.O) on Wednesday forecast fourth-quarter revenue below Wall Street estimates on weak demand for its solar inverters, sending the company's shares down 22.3% in extended trade. While in the United States, higher interest rates and a metering reform in California, the country's largest solar market, have dented demand for solar. SolarEdge had trimmed its third-quarter revenue expectations last month due to high inventories and a slowdown in installation which led to substantial cancellations and backlog clearing from its European distributors in the quarter. Peer Enphase (ENPH.O) had also forecast a weak fourth- quarter revenue.
Persons: Dado Ruvic, Zvi Lando, Peer Enphase, Sourasis Bose, Shailesh Organizations: REUTERS, SolarEdge Technologies, Wall, Thomson Locations: Europe, United States, California, Bengaluru
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