Craig-Hallum Maintains Buy on Enphase Energy, Lowers Price Target to $190
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Eric Stine maintains a 'Buy' rating on Enphase Energy (NASDAQ:ENPH) but has lowered the price target from $259 to $190.

July 28, 2023 | 5:28 pm
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Enphase Energy's price target has been lowered from $259 to $190 by Craig-Hallum, though the 'Buy' rating is maintained.
The lowering of the price target by Craig-Hallum could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Buy' rating indicates that the analyst still sees potential in the company, which could counterbalance the negative impact.
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IMPORTANCE 80
RELEVANCE 100