Deutsche Bank analyst Vishal Shah raised his price target for SolarEdge Technologies to $57 after spending some time with management. Concerns over increased competition from Huawei and potential risks of a slowdown in 2018 industry volumes are fading, Shah tells investors in a research note. He believes the longer term outlook for the company is improving and that the shares could see positive momentum in the near term. The analyst, however, keeps a Hold rating on the name.

B. Riley lowered the firm's price target on SolarEdge to $124 from $133 and keeps a Buy rating on the shares ahead of the Q1 report. With high interest rates and channel dynamics impacting the solar industry, resulting in uncertainty and low visibility around growth, B. Riley continues to advocate for solar/storage ownership models, the analyst tells investors in a research note. The firm views Altus Power (AMPS) and HASI (HASI) as its top ideas for the rest of 2024. These are the best two ways to play the space and have higher growth visibility in a challenging macro environment, the analyst tells investors in a research note.