Oppenheimer Maintains Outperform on Enphase Energy, Lowers Price Target to $101
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Colin Rusch maintains an Outperform rating on Enphase Energy but lowers the price target from $134 to $101.
October 23, 2024 | 12:23 pm
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Oppenheimer has maintained its Outperform rating on Enphase Energy but has lowered the price target from $134 to $101, indicating a more cautious outlook.
The maintenance of an Outperform rating suggests continued confidence in Enphase Energy's performance, but the lowered price target indicates a more cautious outlook, likely due to market conditions or company-specific factors. This could lead to short-term downward pressure on the stock price.
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IMPORTANCE 80
RELEVANCE 100