B of A Securities Maintains Underperform Rating for Enphase Energy: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
B of A Securities has maintained its Underperform rating for Enphase Energy (NASDAQ:ENPH) and lowered its price target from $169.00 to $168.00. Despite this, shares of Enphase Energy have risen by 4.21% over the last 24 hours.
July 12, 2023 | 5:01 pm
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Enphase Energy's Underperform rating has been maintained by B of A Securities, with a lowered price target. Despite this, the company's shares have risen by 4.21% over the last 24 hours.
The maintained Underperform rating and lowered price target by B of A Securities could potentially have a negative impact on Enphase Energy's stock. However, the company's shares have risen in the short term, indicating that the market may not be reacting negatively to the analyst's rating and price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100