Janney Montgomery Scott Downgrades Enphase Energy to Neutral, Announces $83 Price Target
Portfolio Pulse from Benzinga Newsdesk
Janney Montgomery Scott has downgraded Enphase Energy from Buy to Neutral, setting a price target of $83.
October 23, 2024 | 11:41 am
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Enphase Energy has been downgraded by Janney Montgomery Scott from Buy to Neutral, with a new price target of $83.
The downgrade from Buy to Neutral by a reputable analyst firm like Janney Montgomery Scott is likely to negatively impact Enphase Energy's stock price in the short term. The new price target of $83 suggests a potential downside from current levels, which could lead to selling pressure.
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