BMO Capital Maintains Market Perform on Enphase Energy, Lowers Price Target to $104
Portfolio Pulse from Benzinga Newsdesk
BMO Capital has maintained a Market Perform rating on Enphase Energy but has lowered the price target from $114 to $104.
October 14, 2024 | 4:52 pm
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NEGATIVE IMPACT
BMO Capital has maintained a Market Perform rating on Enphase Energy but has lowered the price target from $114 to $104.
The lowering of the price target by BMO Capital suggests a less optimistic outlook on Enphase Energy's stock performance, which could lead to a short-term negative impact on the stock price. The Market Perform rating indicates a neutral stance, but the reduced price target may influence investor sentiment negatively.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100