Enphase Energy shares are trading lower after OTR Global downgraded the stock from Mixed to Negative.
Portfolio Pulse from Benzinga Newsdesk
Enphase Energy's stock has been downgraded from Mixed to Negative by OTR Global, causing its shares to trade lower.
June 22, 2023 | 2:28 pm
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NEGATIVE IMPACT
Enphase Energy's stock downgraded by OTR Global from Mixed to Negative, leading to lower trading.
OTR Global's downgrade of Enphase Energy's stock from Mixed to Negative is a bearish signal for the company. This negative rating will likely cause investors to lose confidence in the stock, leading to lower trading and a potential decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100