10 Biggest Price Target Changes For Thursday benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
Author Bio
Rekha Khandelwal, CFA, is a long-term investor with a special focus on energy stocks. Rekha holds a master s in finance and has worked as a financial consultant. When she isn t writing, she can be found traveling to a new city or country.
SolarEdge Technologies (NASDAQ:SEDG) stock fell nearly 16% after it reported its first-quarter results. The stock is nearly 40% off its high this year. Renewable energy stocks, including solar, are witnessing significant declines this year. Let s see if SolarEdge stock s steep fall presents a buying opportunity or not.
Earnings in line with guidance
SolarEdge Technologies reported first-quarter revenue of $405.5 million, down 6% from the year-ago quarter. That was better than an 8% year-over-year fall that it had guided.
Cable One Inc (NYSE: CABO) has continued to acquire cable systems and should be able to close its latest acquisition of Fidelity Communications at the start of of the fourth quarter, according to KeyBanc Capital Markets.
The Analyst
Brandon Nispel maintained an Overweight rating on Cable One and. Read More.
3 Solar Stocks to Gain on Solid Installations Amid Policy Woes yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.