SolarEdge Technologies is trading 4.3% down now at $32.06 after Jefferies reduced its price target to $31 from $45 while maintaining a Hold rating, citing residential-market weakness.
- Shares gained 10.71% on August 26 and 1.30% on August 27, suggesting investors may be reassessing the recent rally.
- Broader markets are slightly higher, so the move appears primarily company-specific rather than index-driven.