Piper Sandler Downgrades Enphase Energy to Neutral, Lowers Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Kashy Harrison has downgraded Enphase Energy (NASDAQ:ENPH) from Overweight to Neutral and lowered the price target from $150 to $75.
October 27, 2023 | 9:54 am
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Enphase Energy has been downgraded by Piper Sandler from Overweight to Neutral, with a lowered price target of $75.
The downgrade from Overweight to Neutral by Piper Sandler, along with a significant reduction in the price target, indicates a less optimistic outlook for Enphase Energy. This could potentially lead to a decrease in the stock's price in the short term.
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