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SolarEdge Technologies Inc (NASDAQ:SEDG) shares have fallen 83% year-to-date, and 10% this week alone, with analysts at JPMorgan lowering their estimates following Enphase Energy Inc’s (NASDAQ:ENPG) disappointing third quarter 2024 results. What To Know: Analyst Mark Strouse revised the price target for SolarEdge down from $35 to $29, maintaining an Overweight rating but noting challenges tied to weaker-than-expected European demand for solar and storage. Given that 60-65% of SolarEdge’s sales are from Europe, and Enphase reported a 34% drop in European sell-through, the read-through for Solar…

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