Enphase Energy shares are trading lower. BMO Capital cut its price target on the stock from $115 to $114.
Portfolio Pulse from Benzinga Newsdesk
Enphase Energy's stock is experiencing a decline following BMO Capital's decision to slightly lower its price target from $115 to $114.
October 02, 2024 | 5:35 pm
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NEGATIVE IMPACT
Enphase Energy's stock is trading lower after BMO Capital reduced its price target from $115 to $114, indicating a slightly less optimistic outlook.
The reduction in the price target by BMO Capital suggests a slightly less favorable view on Enphase Energy's future performance, which is likely contributing to the current decline in its stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100