Morgan Stanley Maintains Equal-Weight on Enphase Energy, Lowers Price Target to $135
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Andrew Percoco has maintained an Equal-Weight rating on Enphase Energy (NASDAQ:ENPH) and lowered the price target from $159 to $135.
October 17, 2023 | 2:11 pm
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Morgan Stanley has maintained an Equal-Weight rating on Enphase Energy and lowered the price target from $159 to $135.
The lowering of the price target by Morgan Stanley could potentially lead to a negative sentiment among investors, which may put downward pressure on the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100