Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "SolarEdge"


3 mentions found


It is very premature, in my view, to think about or be talking about pausing our rate hikes. The news sent those stocks reliant on China for growth — Starbucks, Estee Lauder and Wynn Resorts, among many others — higher. Or bad news could just be bad news if weak data signals a recession ahead. And good news could be good news: for example, if China reopens and U.S. companies exposed to the region see a boost in demand. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Analyst Matthew Harrison's price target of $851 implies 20% upside from Thursday's close. Regeneron is already trading above its average analyst price target, according to FactSet. Still, SolarEdge has 17.5% upside, according to the average price target. Lastly, Norwegian Cruise Line Holdings rallied 11% so far this week and it has another 17.5% upside to the average analyst price target, according to FactSet. On Monday, Stifel analyst Steven Wieczynski reiterated his $26 price target , which suggests 82% upside from Thursday's close.
Second-quarter earnings for solar companies kick off next week, and Goldman said two stocks in particular should be on investors' radar: Enphase Energy and SolarEdge . The firm said in a recent note to clients that both companies have the potential to beat quarterly estimates, while also raising guidance. Analysts led by Brian Lee said both companies, which make inverters for solar systems, are benefitting from strong demand in Europe, as well as demand for their energy storage products. Goldman has a $244 12-month target on the stock, which is 11% above where the stock closed on Thursday. On the other hand, Goldman is cautious on the panel suppliers, rating First Solar , JinkoSolar and Maxeon Solar as sells.
Total: 3