SolarEdge Technologies Inc. (SEDG) experienced a significant stock decline on Thursday, driven by a broader slump in the clean energy sector. This downturn was sparked by a price target reduction for First Solar (FSLR), raising concerns about the overall health of the solar industry. While SolarEdge doesn’t directly compete with First Solar in panel manufacturing, its fortunes are closely tied to the broader solar market. The recent inflation data and fears of prolonged high interest rates further dampen the outlook for SolarEdge, as higher financing costs could discourage customers from investing in solar installations.