Canaccord Genuity Initiates Coverage On Enphase Energy with Buy Rating, Announces Price Target of $142
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Austin Moeller has initiated coverage on Enphase Energy (NASDAQ:ENPH) with a Buy rating and set a price target of $142 for the company's stock.
January 16, 2024 | 8:21 pm
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Canaccord Genuity analyst Austin Moeller has given Enphase Energy a Buy rating and a price target of $142, indicating a positive outlook for the stock.
The initiation of coverage by Canaccord Genuity with a Buy rating typically suggests a positive sentiment towards the stock, which can lead to increased investor interest and potentially drive the stock price up in the short term. The price target of $142 also suggests a significant upside from current levels, which can further fuel positive momentum.
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