Piper Sandler Maintains Overweight on Enphase Energy, Lowers Price Target to $180
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Kashy Harrison maintains an Overweight rating on Enphase Energy (NASDAQ:ENPH) but has lowered the price target from $210 to $180.
July 28, 2023 | 5:44 pm
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NEGATIVE IMPACT
Enphase Energy's price target has been lowered from $210 to $180 by Piper Sandler, though the Overweight rating is maintained.
The lowering of the price target by Piper Sandler indicates a potential decrease in the short-term value of Enphase Energy's stock. However, the maintained Overweight rating suggests that the stock is still expected to outperform.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100