Keybanc Maintains Overweight on Enphase Energy, Lowers Price Target to $200
Portfolio Pulse from richadhand@benzinga.com
Keybanc analyst Sophie Karp has maintained an Overweight rating on Enphase Energy (NASDAQ:ENPH) but lowered the price target from $267 to $200.

August 17, 2023 | 8:12 am
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Enphase Energy's price target has been lowered by Keybanc from $267 to $200, although the Overweight rating is maintained.
The lowering of the price target by Keybanc indicates a potential decrease in the stock's value. However, the maintained Overweight rating suggests that the stock is still expected to outperform. This could lead to mixed market reactions, but the lowered price target is likely to have a negative short-term impact.
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IMPORTANCE 80
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