Goldman Sachs Maintains Buy on Enphase Energy, Lowers Price Target to $145
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Brian Lee maintains a Buy rating on Enphase Energy but lowers the price target from $170 to $145.

October 23, 2024 | 3:26 pm
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Goldman Sachs has maintained its Buy rating on Enphase Energy but has lowered the price target from $170 to $145, indicating a more cautious outlook.
The maintenance of a Buy rating suggests continued confidence in Enphase Energy's prospects, but the lowered price target reflects a more cautious outlook, possibly due to market conditions or company performance. This mixed signal may result in neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100