HSBC Upgrades Enphase Energy to Buy, Announces $166 Price Target
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Daniel Yang has upgraded Enphase Energy (NASDAQ:ENPH) from Hold to Buy and set a price target of $166.
June 10, 2024 | 11:40 am
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POSITIVE IMPACT
HSBC analyst Daniel Yang has upgraded Enphase Energy from Hold to Buy and set a price target of $166.
The upgrade from Hold to Buy and the new price target of $166 by HSBC is likely to positively impact Enphase Energy's stock price in the short term as it reflects increased confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100