Citigroup Maintains Neutral on Enphase Energy, Lowers Price Target to $99
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Vikram Bagri maintains a Neutral rating on Enphase Energy and lowers the price target from $114 to $99.
October 22, 2024 | 5:03 pm
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Citigroup analyst Vikram Bagri maintains a Neutral rating on Enphase Energy and lowers the price target from $114 to $99, indicating a cautious outlook.
The lowering of the price target from $114 to $99 by Citigroup suggests a less optimistic view on Enphase Energy's short-term performance. This could lead to a negative sentiment among investors, potentially impacting the stock price negatively in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100