Craig-Hallum Maintains Buy on Enphase Energy, Lowers Price Target to $113
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Eric Stine maintains a 'Buy' rating on Enphase Energy (NASDAQ:ENPH) but has lowered the price target from $190 to $113.
October 27, 2023 | 3:44 pm
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NEGATIVE IMPACT
Enphase Energy's price target has been lowered from $190 to $113 by Craig-Hallum, though the 'Buy' rating is maintained.
The lowering of the price target for Enphase Energy by Craig-Hallum indicates a potential decrease in the stock's value in the short term. However, the maintained 'Buy' rating suggests that the analyst still sees potential in the company's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100