SolarEdge Technologies (SEDG): Zvi Lando has stepped down as Chief Executive Officer
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BMO Capital Reiterates Market Perform Rating on SolarEdge Technologies (SEDG) Following CEO Transition
August 26, 2024 9:07 AM EDTBMO Capital analyst Ameet Thakkar reiterated a Market Perform rating and $24.00 price target on SolarEdge Technologies (NASDAQ: SEDG).
The analyst comments "SEDG announces management changes as market trough continues; not too surprising. SEDG announced its current CEO Zvi Lando is stepping down with outgoing CFO Ronen Faier succeeding him as interim CEO, effective today. SEDG shares have been under meaningful pressure the last several months as its share price is down ~82% from year-ago levels as the company's quarterly revenues have... More
Truist Securities Reiterates Hold Rating on SolarEdge Technologies (SEDG) Following CEO Transition
August 26, 2024 8:58 AM EDTTruist Securities analyst Jordan Levy reiterated a Hold rating and $20.00 price target on SolarEdge Technologies (NASDAQ: SEDG).
The analyst comments "Early this morning, SolarEdge (SEDG, Hold) announced a leadership transition plan following the news that CEO Zvi Lando has stepped down, with... More
SolarEdge shares jump as CEO Zvi Lando steps down
August 26, 2024 7:45 AM EDTSolarEdge Technologies (NASDAQ: SEDG) saw its shares jump after the company announced that Zvi Lando has stepped down as its SEO. Ronen Faier has been named interim CEO, while Ariel Porat has been appointed as the new chief financial officer.
The companys shares popped 6% in the premarket trading Monday.
Lando joined SolarEdgein in 2009 as Executive VP of Global... More
