Enphase Energy shares are trading lower after Morgan Stanley lowered its price target on the stock from $234 to $159.
Portfolio Pulse from Benzinga Newsdesk
Enphase Energy's stock price is expected to decrease after Morgan Stanley lowered its price target from $234 to $159.
September 06, 2023 | 3:10 pm
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Enphase Energy's stock price is expected to decrease due to Morgan Stanley's lowered price target.
Morgan Stanley, a major financial institution, has lowered its price target for Enphase Energy. This indicates a bearish outlook for the stock, which is likely to put downward pressure on its price in the short term.
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