Barclays Upgrades Enphase Energy to Overweight, Announces $134 Price Target
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Christine Cho upgraded Enphase Energy (NASDAQ:ENPH) from Equal-Weight to Overweight and set a new price target of $134.

April 26, 2024 | 10:37 am
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Barclays upgraded Enphase Energy to Overweight from Equal-Weight and set a price target of $134.
The upgrade by Barclays from Equal-Weight to Overweight for Enphase Energy, accompanied by a significant price target of $134, indicates a strong positive outlook on the stock by the analyst. This could lead to increased investor confidence and potentially drive the stock price up in the short term as market participants react to the upgraded rating and price target.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100