SolarEdge Technologies is trading 9.22% up now at $32.63 after UBS upgraded the stock to Buy from Neutral and raised its price target to $42 from $36.
- UBS cited the FCC’s restrictions on foreign-made inverters as a potential supply catalyst.
- The bank expects tighter U.S. supply could support market-share gains and pricing power.
- Shares rose more than 5% premarket following the upgrade.