SolarEdge Technologies Inc. provides solar power optimization and photovoltaic monitoring solutions worldwide. Last week's uptrend was driven by improving wall street sentiment, evident through price target upgrades from numerous institutions, including from $ 239-315 at JP Morgan. Solar stocks across the board have begun to benefit from the increased emphasis on a solar future from president-elect Biden and his incoming administration. Look for this stock to build off it's recent momentum with potential for short term upside.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.