Analyst Ratings for Enphase Energy
Portfolio Pulse from Benzinga Insights
Enphase Energy (NASDAQ:ENPH) has received various analyst ratings in the last quarter, with the majority being bullish. The average price target from these 24 analysts is $211.58, which is significantly higher than the current price of $122.7595. However, this average represents a 13.29% decrease from the previous average price target of $244.00.
September 06, 2023 | 4:00 pm
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POSITIVE IMPACT
Enphase Energy has received mostly bullish ratings from analysts, with an average price target that suggests a significant upside from the current price. However, the average price target has decreased by 13.29% from the previous quarter.
The majority of the analyst ratings for Enphase Energy are bullish, which is generally a positive sign for the stock. The average price target is also significantly higher than the current price, suggesting that analysts see a potential upside. However, the decrease in the average price target from the previous quarter could indicate a less optimistic outlook, which might temper the positive impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100