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Wajeeh Khan

SHOCKING: Ubs just upgraded solaredge stock heres why - What They Never Told You

UBS SolarEdge SEDG United States

SolarEdge (SEDG) shares closed higher on Wednesday after a senior UBS analyst, Jon Windham, issued a bullish note in favor of the solar inverters specialist. In a research note this morning, Windham upgraded SEDG to “Buy” and raised his price objective to $42, indicating potential upside of nearly 30% from current levels.

His bullish call brings a much-needed reprieve to SolarEdge stock that was otherwise down nearly 60% versus its year-to-date high.

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