SolarEdge Technologies is trading at $33.40 (+11.76%) after UBS upgraded the stock to Buy from Neutral.

  • UBS raised its price target to $42 from $36.
  • UBS identified the company as a key beneficiary of the FCC ban on new foreign-made inverter models, expecting tighter U.S. supply, market-share gains, and stronger pricing power.
  • Broader markets were nearly flat, making the company-specific catalyst the primary driver.