Barclays Maintains Equal-Weight on Enphase Energy, Lowers Price Target to $221
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Brandt Montour has maintained an Equal-Weight rating on Enphase Energy (NASDAQ:ENPH) and lowered the price target from $226 to $221.

July 18, 2023 | 1:21 pm
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Enphase Energy's price target has been lowered by Barclays from $226 to $221, while maintaining an Equal-Weight rating.
The lowering of the price target by Barclays indicates a potential decrease in the stock's value. However, the maintained Equal-Weight rating suggests that the stock is expected to perform in line with the sector or the market, which could mitigate some of the negative impact.
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IMPORTANCE 80
RELEVANCE 100