TD Cowen Maintains Outperform on Enphase Energy, Lowers Price Target to $262
Portfolio Pulse from richadhand@benzinga.com
TD Cowen analyst Jeffrey Osborne maintains an 'Outperform' rating on Enphase Energy (NASDAQ:ENPH), but has lowered the price target from $313 to $262.

July 28, 2023 | 4:53 pm
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NEUTRAL IMPACT
Enphase Energy's price target has been lowered from $313 to $262 by TD Cowen, though the 'Outperform' rating is maintained.
The lowering of the price target by TD Cowen could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Outperform' rating indicates that the analyst still sees potential in the company, which could counterbalance the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100