Morgan Stanley Maintains Equal-Weight on Enphase Energy, Lowers Price Target to $93
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Andrew Percoco maintains an Equal-Weight rating on Enphase Energy but lowers the price target from $102 to $93.
October 23, 2024 | 12:09 pm
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Morgan Stanley has maintained its Equal-Weight rating on Enphase Energy but has lowered the price target from $102 to $93, indicating a more cautious outlook.
The lowering of the price target by Morgan Stanley suggests a more cautious outlook on Enphase Energy's stock performance. This could lead to a negative short-term impact on the stock price as investors may adjust their expectations based on the new target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100