Enphase Energy shares are trading higher after HSBC upgraded the stock from Hold to Buy and announced a $166 price target.
Portfolio Pulse from Benzinga Newsdesk
Enphase Energy shares are trading higher following an upgrade from HSBC, which raised the stock rating from Hold to Buy and set a price target of $166.
June 10, 2024 | 3:18 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Enphase Energy shares are experiencing a positive impact due to HSBC's upgrade from Hold to Buy and a new price target of $166.
HSBC's upgrade and the new price target are likely to increase investor confidence and buying activity in the short term, driving the stock price higher.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100