GLJ Research Initiates Coverage On Enphase Energy with Sell Rating, Announces Price Target of $45.82
Portfolio Pulse from Benzinga Newsdesk
GLJ Research has initiated coverage on Enphase Energy (NASDAQ:ENPH) with a Sell rating and a price target of $45.82.
June 25, 2024 | 3:53 pm
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GLJ Research has initiated coverage on Enphase Energy with a Sell rating and a price target of $45.82, which is significantly lower than the current market price.
The Sell rating and the low price target of $45.82 from GLJ Research suggest a bearish outlook on Enphase Energy. This could lead to a negative short-term impact on the stock price as investors react to the analyst's coverage.
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IMPORTANCE 90
RELEVANCE 100