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Fly News Breaks for September 13, 2017
SEDG
Sep 13, 2017 | 07:50 EDT
After attending the Solar Power International conference, Needham analyst Y. Edwin Mok says that companies are seeing "better demand trends within the U.S. and several international markets." He adds that prices remain strong in China, and he does not expect the outcome of the section 201 case to have a major impact on the sector. The analyst sees SolarEdge as "a clear winner," as he predicts that Huawei will focus on larger deals and "will not be too competitive on pricing." The analyst adds that SolarEdge has "solid traction..in commercial markets." He keeps a Buy rating on the shares.
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