Susquehanna Maintains Positive on Enphase Energy, Lowers Price Target to $175
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Biju Perincheril has maintained a positive rating on Enphase Energy (NASDAQ:ENPH) but lowered the price target from $200 to $175.
October 02, 2023 | 5:05 pm
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NEUTRAL IMPACT
Enphase Energy's price target has been lowered from $200 to $175 by Susquehanna, although the rating remains positive.
The lowering of the price target by Susquehanna could potentially create a negative sentiment among investors, which might put downward pressure on the stock price in the short term. However, the maintained positive rating indicates that the analyst still sees potential in the company, which could balance out the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100