Roth MKM Maintains Buy on Enphase Energy, Lowers Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Philip Shen maintains a Buy rating on Enphase Energy but lowers the price target from $130 to $100.
October 23, 2024 | 3:59 pm
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NEUTRAL IMPACT
Roth MKM analyst Philip Shen maintains a Buy rating on Enphase Energy but lowers the price target from $130 to $100, indicating a more cautious outlook.
The maintained 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 lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100