Barclays Maintains Equal-Weight on Enphase Energy, Lowers Price Target to $155
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Brandt Montour has maintained an Equal-Weight rating on Enphase Energy (NASDAQ:ENPH) but lowered the price target from $221 to $155.
July 28, 2023 | 10:16 am
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NEGATIVE IMPACT
Enphase Energy's price target has been lowered from $221 to $155 by Barclays, while maintaining an Equal-Weight rating.
The lowering of the price target by Barclays indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Enphase Energy's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100