B of A Securities Maintains Underperform on Enphase Energy, Lowers Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Julien Dumoulin-Smith maintains an Underperform rating on Enphase Energy (NASDAQ:ENPH) and lowers the price target from $71 to $70.
July 17, 2024 | 4:57 pm
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B of A Securities has maintained an Underperform rating on Enphase Energy and slightly lowered the price target from $71 to $70, indicating a bearish outlook.
The Underperform rating and the slight reduction in the price target from $71 to $70 by B of A Securities suggest a negative sentiment towards Enphase Energy's stock. This could lead to a short-term decline in the stock price as investors react to the bearish outlook.
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IMPORTANCE 80
RELEVANCE 100