Piper Sandler Maintains Neutral on Enphase Energy, Lowers Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler has maintained a Neutral rating on Enphase Energy but lowered the price target from $105 to $85, indicating a less optimistic outlook.
October 23, 2024 | 12:36 pm
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NEGATIVE IMPACT
Piper Sandler has maintained a Neutral rating on Enphase Energy but lowered the price target from $105 to $85, indicating a less optimistic outlook.
The lowering of the price target from $105 to $85 by Piper Sandler suggests a less favorable view on Enphase Energy's short-term performance. This could lead to a negative sentiment among investors, potentially causing a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100