WS #15859
Susquehanna analyst Biju Perincheril has lowered price targets across the solar and storage sector, maintaining a Neutral rating on Stem (cut to $4.50), SolarEdge (cut to $32), and Sunrun (cut to $13), while maintaining a Positive rating on Sunrun but reducing its target. This broad-based downgrade reflects ongoing concerns about margin pressure, demand destruction, and competitive dynamics in the renewable energy space. The move adds to the sector's negative sentiment, contrasting with upgrades in other areas like Albemarle, and signals continued analyst skepticism toward residential solar profitability.
Solar Sector Analyst Downgrades
Susquehanna analyst Biju Perincheril has lowered price targets across the solar and storage sector, maintaining a Neutral rating on Stem (cut to $4.50), SolarEdge (cut to $32), and Sunrun (cut to $13), while maintaining a Positive rating on Sunrun but reducing its target. This broad-based downgrade reflects ongoing concerns about margin pressure, demand destruction, and competitive dynamics in the renewable energy space. The move adds to the sector's negative sentiment, contrasting with upgrades in other areas like Albemarle, and signals continued analyst skepticism toward residential solar profitability.