What's Going On With Enphase Energy Stock?
Portfolio Pulse from Erica Kollmann
Enphase Energy, Inc. (NASDAQ:ENPH) shares are trading lower, with the stock down more than 12% over the last month. Barclays and Susquehanna analysts have maintained their ratings but lowered the price targets for ENPH. The stock has seen heavy trading volume and has attracted the attention of retail investors and short-sellers. ENPH shares are currently down 3.7% at $112.52.
October 03, 2023 | 3:55 pm
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Enphase Energy's stock is down more than 12% over the last month. Analysts from Barclays and Susquehanna have maintained their ratings but lowered their price targets. The stock is currently down 3.7% at $112.52.
The stock is down due to lowered price targets by analysts from Barclays and Susquehanna. This negative sentiment, coupled with heavy trading volume and attention from retail investors and short-sellers, is likely to continue to put downward pressure on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100