Truist Securities Maintains Buy on Enphase Energy, Lowers Price Target to $110
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Buy rating on Enphase Energy but lowered the price target from $130 to $110.

October 16, 2024 | 2:33 pm
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Truist Securities has maintained a Buy rating on Enphase Energy but lowered the price target from $130 to $110.
The analyst's decision to maintain a Buy rating suggests continued confidence in Enphase Energy's prospects, but the lowered price target indicates a more cautious outlook on its valuation. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100