Goldman Sachs Maintains Buy on Enphase Energy, Lowers Price Target to $250
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Brian Lee has maintained a 'Buy' rating on Enphase Energy (NASDAQ:ENPH) but lowered the price target from $285 to $250.
July 19, 2023 | 2:15 pm
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Goldman Sachs has maintained a 'Buy' rating on Enphase Energy but lowered the price target from $285 to $250.
While the 'Buy' rating is maintained, the lowering of the price target could indicate a potential slowdown in growth or increased risk. However, the impact on the stock price is uncertain as the lowered target is still quite high, indicating strong confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100