JP Morgan Maintains Overweight on Enphase Energy, Lowers Price Target to $124
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Mark Strouse maintains an Overweight rating on Enphase Energy (NASDAQ:ENPH) but lowers the price target from $128 to $124.
June 20, 2024 | 12:01 pm
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JP Morgan analyst Mark Strouse maintains an Overweight rating on Enphase Energy but lowers the price target from $128 to $124.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100