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BofA On Telefónica: 3 Meaningful M&A Catalysts

The first-quarter results released by Telefonica S.A. (NYSE: TEF) suggest diminishing currency headwinds and easing COVID-19 comps from the second quarter should benefit the company’s organic growth recovery, according to BofA Securities.

TEF

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BofA Upgrades SolarEdge Following Recent Sell-Off

Shares of SolarEdge Technologies Inc (NASDAQ: SEDG) underperformed significantly after the company’s first-quarter update, based on investor concerns around the impact of chip shortages persisting into 2022, according to BofA Securities.

ENPH

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Why First Solar Gets Upgrade, Despite Recent Selloff

Despite a positive earnings update for the first quarter, First Solar, Inc’s (NASDAQ: FSLR) stock Friday plummeted 8.9%, possibly on investor concerns around “shipping and logistics headwinds as well as long-term tech concerns," according to BofA Securities.

FSLR