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SolarEdge Technologies shares rise 2.68% intraday after UBS raised price target to $30 and Treasury Department's new tax rules boosted renewable-energy stocks.
ByAinvest
Tuesday, Aug 19, 2025 1:13 pm ET1min read
Solaredge Technologies, Inc. rose 2.68% in intraday trading, with the company's stock benefiting from a positive outlook in the renewable energy sector. The Treasury Department's new tax rules provided an opportunity for companies installing wind and solar-power plants to receive credits before the recently passed tax bill reversing incentives kicks in. This news, along with the overall rally in renewable-energy stocks, contributed to the increase in SolarEdge Technologies' stock price.
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