BMO Capital Maintains Outperform on Enphase Energy, Lowers Price Target to $175
Portfolio Pulse from richadhand@benzinga.com
BMO Capital analyst Ameet Thakkar has maintained an 'Outperform' rating on Enphase Energy (NASDAQ:ENPH), but lowered the price target from $235 to $175.

July 28, 2023 | 2:07 pm
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Enphase Energy's price target has been lowered by BMO Capital from $235 to $175, although the 'Outperform' rating is maintained.
The lowering of the price target by BMO Capital could potentially create a negative sentiment among investors, which might put downward pressure on the stock price in the short term. However, the maintained 'Outperform' rating indicates that the analyst still sees potential in the company's performance, which could balance out the negative impact.
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IMPORTANCE 80
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