Roth MKM Maintains Buy on Enlight Renewable Energy, Lowers Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Justin Clare has maintained a Buy rating on Enlight Renewable Energy (NASDAQ:ENLT) but has reduced the price target from $22 to $19.

November 21, 2023 | 7:44 pm
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Roth MKM analyst Justin Clare maintains a Buy rating on Enlight Renewable Energy but lowers the price target from $22 to $19.
While the reduction in price target could be seen as a negative signal, potentially leading to a short-term dip in stock price, the maintenance of a Buy rating by the analyst suggests continued confidence in the company's fundamentals. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100