Piper Sandler Maintains Overweight on Enphase Energy, Lowers Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Kashy Harrison maintains an Overweight rating on Enphase Energy (NASDAQ:ENPH) but lowers the price target from $180 to $150.
October 13, 2023 | 2:06 pm
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Piper Sandler has lowered the price target for Enphase Energy from $180 to $150, while maintaining an Overweight rating.
The lowering of the price target by Piper Sandler could potentially lead to a short-term decrease in Enphase Energy's stock price. However, the maintained Overweight rating indicates that the analyst still sees potential for the stock's performance in the long term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100