Morgan Stanley Maintains Equal-Weight on Enphase Energy, Raises Price Target to $102
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Andrew Percoco maintains an Equal-Weight rating on Enphase Energy and raises the price target from $100 to $102.
October 09, 2024 | 4:56 pm
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NEUTRAL IMPACT
Morgan Stanley's analyst Andrew Percoco has maintained an Equal-Weight rating on Enphase Energy, while slightly increasing the price target from $100 to $102. This suggests a neutral stance with a modestly positive outlook.
The maintenance of an Equal-Weight rating indicates a neutral stance, suggesting that the stock is expected to perform in line with the market. The slight increase in the price target from $100 to $102 reflects a modestly positive outlook, but not enough to change the overall rating. This suggests limited short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100