Enphase Energy shares are trading higher after Piper Sandler maintained a Neutral rating but raised its price target from $111 to $120.
Portfolio Pulse from Benzinga Newsdesk
Enphase Energy shares are trading higher after Piper Sandler maintained a Neutral rating but raised its price target from $111 to $120.
July 22, 2024 | 1:15 pm
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Enphase Energy shares are trading higher following Piper Sandler's decision to maintain a Neutral rating but raise the price target from $111 to $120.
The increase in the price target from $111 to $120 by Piper Sandler suggests a positive outlook for Enphase Energy, which is likely to boost investor confidence and drive the stock price higher in the short term, despite the Neutral rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100