Raymond James Maintains Outperform on Enphase Energy, Lowers Price Target to $130
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Pavel Molchanov maintains an Outperform rating on Enphase Energy but lowers the price target from $140 to $130.
October 23, 2024 | 2:25 pm
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NEUTRAL IMPACT
Raymond James has maintained its Outperform rating for Enphase Energy but has reduced the price target from $140 to $130, indicating a slightly less optimistic outlook.
The maintenance of the Outperform rating suggests continued confidence in Enphase Energy's performance, but the lowered price target indicates a tempered outlook. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100