Why SolarEdge (SEDG) And Shoals (SHLS) Are Climbing [Yahoo! Finance]
Goldman Sachs Group, Inc. (The) (GS)
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Source: Yahoo! Finance
The shares appear to be rallying due to residual momentum from a rare double upgrade of the shares by Goldman Sachs earlier this week. Meanwhile, another name in the sector, Shoals (SHLS), is also rising sharply today after it was upgraded by Morgan Stanley on Tuesday. SolarEdge manufactures solar inverters that convert power from solar panels into usable electricity, while Shoals develops and markets electrical balance of systems that enable the safe and efficient transportation of electricity from the solar panels to their destinations. The Most Air Polluted City in the US A photovoltaic field at dawn, its solar panels shimmering in the light of a new day. On Dec. 17, Goldman Sachs raised its rating on SolarEdge to Buy from Sell. Moreover, the investment bank hiked its price target on the shares to $19 from $10. According to Goldman, the risk-reward ratio of SEDG stock is positive. That's because worries about the company's ability to make $350 million of debt payments in 20
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Sec Filings
- 12/20/24 - Form 424B2
- 12/20/24 - Form 424B2
- 12/20/24 - Form 424B2
- GS's page on the SEC website