SolarEdge reported solid first-quarter results adjusted for one-time charges and provided second-quarter guidance mostly in line with expectations. The U.S. residential solar market started the year weak, but demand from Europe increased due to the Middle East conflict. The company is securing safe harbor agreements ahead of a tax credit expiration, though these won't boost near-term revenues. Shares recently rallied to multi-year highs without a clear catalyst, prompting a 'Hold' rating due to valuation concerns despite potential momentum trading.
Goldman Sachs increased its price target for Enphase Energy from $51 to $57 while maintaining a Buy rating, reflecting growing confidence in the residential solar sector. This upgrade follows strong U.S. demand and solid company fundamentals, includi...
Artisan Partners highlights Brenntag's attractive valuation and management's operational improvements, alongside investments in companies like Smiths Group and Rotork that benefit from global energy infrastructure growth. They expect ongoing oil pric...
