This Is What Whales Are Betting On Enphase Energy
Portfolio Pulse from Benzinga Insights
A large bullish position on Enphase Energy (NASDAQ:ENPH) has been observed, with 18 options trades spotted, 55% bullish and 44% bearish. Whales have been targeting a price range of $150 to $230 for Enphase Energy over the last 3 months. Barclays maintains an Equal-Weight rating with a price target of $226.
June 06, 2023 | 6:46 pm
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A large bullish position has been observed in Enphase Energy, with 55% bullish and 44% bearish options trades. Whales target a price range of $150 to $230, and Barclays maintains an Equal-Weight rating with a price target of $226.
The large bullish position observed in Enphase Energy's options trades indicates that there is significant interest in the stock, with a majority of traders expecting the price to rise. The price target set by Barclays at $226 also supports a positive outlook for the stock in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100